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EURAUD approaching support, potential for further rise!

Long
Euro / Australian Dollar (FX:EURAUD)  
easyMarkets Broker  
FX:EURAUD   Euro / Australian Dollar
Trend Analysis Harmonic Patterns Chart Patterns EURAUD EUR aud euraudlong euraudshort
49
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trendanalysis harmonicpatterns chartpattern euraud eur aud euraudlong euraudshort
Price is approaching our first support (horizontal pullback support, 23.6% Fibonacci retracement, 61.8% Fibonacci retracement) where we might see a bounce to our first resistance level at 1.6226 (61.8% Fibonacci retracement).
Ichimoku cloud is also showing signs of bullish pressure in line with our bearish bias.
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