EUR/AUD BULLS ARE GAINING STRENGTH|LONG

Hello, Friends!

We are going long on the EUR/AUD with the target of 1.646 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band. However, we should use low risk here because the 1W TF is red and gives us a counter-signal.

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