OptimoomFX

EurAud- Towards my 1.59 target?

Long
FX:EURAUD   Euro / Australian Dollar
After the recent low slightly under 1.54 from the end of October, EurAud has started to trade higher and managed to break above 1.56 resistance early this month.
Now the pair is consolidating and forming a pennant and a break of the resistance trend line could lead to more gains and we can see EurAud testing 1.59 resistance
I'm bullish as long as the price is above 1.56

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