After reaching a low at 1.53 zone at the end of October, EurAud has reversed strongly and has risen to 1.61. A correction followed and at this point, we can consider it over and a higher low in place at 1.56. At this moment EurAud is facing resistance at 1.5850 zone and a break here would open the door for more gains to and above 1.62 I'm bullish as long as 1.56 is intact Buy dips can be a good strategy for this pair