The EURAUD is in a solid bullish trend began in 2017 (+16%) also if in the last period there is some weakness on the pair , as testify the CCI oscillator that is in oversold at the moment
However such weakness should fade in the coming weeks , with the S1 support that will resist ( i think ) at the bearish pressure causing a bounce on the pair that ,at this point, could to increase up to the R3 level
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