EUR/AUD has hit the 0.382 retracement nicely and is now showing possibility for a long entry. The 0.382 aligns with a strong support. We have to wait for the next 4h candle to close. If it doesn't break the 0.382, a long with good risk to reward is possible. If it breaks, a short would be possible but I do not care for shorting as the EUR/AUD is in an uptrend.