FX:EURAUD   Euro / Australian Dollar
EA is Switching trends base on the Monthly timeframe, Of course, this trend reversal is going to take some time to play but in the meantime, I see a possible Buy area on the weekly area.
I see a lot of confirmation that it'll continue to go up at least for a retest ... and again this is on the weekly Tf so it's going to take time to play out.

On the daily Tf I see an area for selling but not before it reaches .5200 I'm actually intrigued to buy because it lines up with my weekly level and my tp would be my sell on the daily TF.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.