Same set up as our EURAUD. We can see that on the RSI price had been trending up, it broke out and the RSI is now about to re-test the trend line. Price is approaching a strong resistance area, expect to see a reversal candle, this will give up our sell signal.
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Daily candle is showing a good sign of a potential reversal, selling this pair at the bottom of yesterdays lows.
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About 110+ pips from the entry point, EURAUD idea has also caught 100+ pips so far. Make sure to place SL to break even for a risk free trade.
@MENINACTION1001, it has potential. Tp 1 would be 1.79700. however depending on how the weekly candles form, will tell us if this is a swing trade. The weekly chart is indicating that this was a last attempt to push price up and it's looking like it is failing. If it is this pair can possibly see 1.60 again but months from now.