FX:EURAUDPrice has recently hit a long standing support that appears to hold strong. A wedge has formed and it seems we are breaking up. I can see that the RVI has long made its break which helps me have trust in this break. Im thinking for a while we will go bull and im seeing a few easy targets. 1.59500 is a good mid term target but I suspect we will see a fair bit higher in the coming weeks.