EURAUD facing bullish pressure, potential for further downside!

Price is holding above both the Ichimoku cloud and ascending trendline support, showing bullish pressure in line with our bullish bias. We could potentially see further upside above our 1st support, in line with 61.8% Fibonacci retracement, 78.6% Fibonacci extension and ascending trendline support, towards our 1st resistance, in line with 78.6% Fibonacci extension, -27.2% Fibonacci retracement and horizontal swing high resistance.

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