FX:EURAUD   Euro / Australian Dollar
My reason behind this setup is quite simple

After break of long term trnd line price has come to a support level which has held up well numerous times in the past and has bounced of the support level
so i believe price will re-test trend line and previos support now playing as RES
There could be alont of selling power after the re test of broken trend line and previous SUP now acting as RES
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