Trading suggestion: There is a possibility of temporary retracement to the suggested support line (1.5510). . If so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis: . EURAUD is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 70.44.
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