EURAUD Option 1: Price is yet to significantly cross the 1.57 area resistance area. I am hereby looking for a strong sell signal and if one forms my take profit will be at 1.53. Option 2: If price crosses the 1.57 area significantly, ill be waiting for a retest of the area, which will have now become support, to seek bullish signals.
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Option 2 is in play. I will be looking for buying opportunities at 1.57