EURAUD: Oversold Market & Potential Pullback🇪🇺🇦🇺

Long

Euro / Australian Dollar (OANDA:EURAUD)

Updated

OANDA:EURAUD Euro / Australian Dollar

Double Top or Bottom Pivot Points Wave Analysis EURAUD forecast priceaction patterns patterntrading fxtrader

doubletoporbottom pivotpoints waveanalysis euraud forecast priceaction patterns patterntrading fxtrader

snapshot

EURAUD is in a sharp downtrend from the end of September.
Being heavily oversold & reaching a key level, the pair formed a double bottom formation on 4h.
With a confirmed neckline breakout, chances are high to see a bullish continuation.

First goal - 1.575

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