EUR/AUD Correction


There we have a EUR/AUD pair Daily time frame. As we can see we have a nice bear trend here. 

Past 2 days we have bullish candles to the upside. 

At the 4H time frame, we can see a nice bullish run. At the moment price touched a marked zone. 

If the price will fail to go above the marked zone, we can see a bullish run continuation. If not price can go back to the 1.52540 support area.

The Next important resistance is 1.56150

The next important support is 1.52540