FOREXCOM:EURAUD   Euro / Australian Dollar
We can see it is bullish from the monthly, weekly and daily chart . refer to the bottom yellow monthly trendline .
Looking at the daily chart we can see it has been respecting the 50%Fib nicely.
Dropping down to lower H4 timeframe, it is has been follow the trendline well, however we are expecting it to break out either around 61.8% or 78.6Fib area to active a buy order.
Stay tuned for next week, I will update an entry for my followers.
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