EUR/AUD range continuation (or support brakeout?)

Currency pair EUR/AUD is very likely to continue its range between 1.58 and 1.56, where also the 100 period EMA function as a support. RSI follows price chart, showing no particular divergence or sell-off signal. The lower shadow on the support, instead, reveals that bears are particularly weak in that area.
australiandollarChart PatternsEURAUDeuroTechnical IndicatorsLONGpatternrangeTrend Analysis

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