After the beginning of April dip to 1.43, EurAud has recovered nicely and has had an attempt to reconquer the 1.5 level. This first attempt failed, but the pair found bids again at 1.46 and we can have a higher low at this moment. I expect a new leg high and this time a break above 1.5. I'm bullish on this pair as long as 1.46 is intact and the target can be 1.53 resistance.