The trend for year 2018 is from high to low. So i predict the trend for year 2018 will be low to high when it reach the support at 0.69960. Another observation is the 0.69960 is one of the lowest support line among these few year. At the end of year 2015, it also reach this support line so in the year 2016 the trend is low to high.
Below is the TP:
EURAUD has a resistance at around 1.63580. So if it cant break the resistance, it will change the market from bull to bear. My SL is 40pips because EURAUD's floating pips is quite high so i scare it touch 1.63750 then only change to bear market. The second thing is it already rise 900pips for this bull market.