EURAUD near important resistance

FX:EURAUD   Euro / Australian Dollar
110 0 2
This pair could go both ways from current level and I personally would like to see more upside rather than downside. However, EURO             is under pressure so right now a move towards the next support looks more probable. But if we should see a break of the resistance + a re-test (ideal!) then I wouldn't hesitate to look towards 1.4750.
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