EURAUD to go higher? This might be an early call. However the signs that this pair is going higher are:
It seems that there is a double bottom at support.
Double bottom also shown a bullish divergence from indicator.
Potentially the pair is in the process of creating an inverted head and shoulder. Not the usual straight forward inverted head and shoulder but it is a bullish sign nonetheless.
Price created a key reversal yesterday and possible will continue higher.
A bit of pullback from yesterday provides a good entry possibly for the pair to move towards 1.63.