EURAUD has a potential long opportunity lining up. We have maintained price generally above the ascending TL, we are now at the 61.8% retracement from the most recent low to the recent high, although it is messy. Price is also currently being supported by the daily 50ema. Entries to be placed 1.5940, with stops at 1.5880, to target 1.6200. Price will need to be monitored to see how we react to the 61.8% Fib level, lower timeframes will need to be used to view rejection of the 61.8% fib level.