EURAUD Short

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The pair seems to be very bullish in the H4 chart upon producing a Double Bottom. The buyers may keep their eyes in the pair to go long from the value areas.
 
The price seems to have found a very strong level of support at 1.46700. It had several bounce at the level. The pair may make a strong move towards the North.
 
This one has taken a turn south. I am hoping for a bounce around 1.4400, then I will be in for a buy on this pair. It's a bit of a waiting game atm.
 
The pair seems to have found its support at 1.44000. It made a bullish move. The buyers may look to go long if the pair consolidates and produces a bullish reversal pattern. However, the bigger time frames are still with the bear. Thus, the pair may come back at the last swing low again.
 
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