EUR/AUD - Strong Bullish Upside Potential

Price resides at long term lows - We've seen a double bottom formation @ 1.56 whole level and price has slipped into this 200 pip trading range.

We are expecting price to break out to the upside. Lets see what happens. It is well possible price dips and tests the 1.56 again, forming a triple bottom before strong bullish momentum takes over.

Any questions please feel free to DM me!
Bullish PatternsDouble BottomForexfxaxeLONGPIPpositionrangesignalSupply and DemandSupport and ResistanceTrend Analysis

Disclaimer