EURAUD changed direction from bearish to bullish after rebound from support near 1.4632. This is indicated by sequence of rising lows and highs shown on the following H4 chart.
The recent strong growth impulse is just corrected and pair reached its 50% abolition. We can use this correction to go long in line with trend from H4.
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Awaited buy signal may be a change to growing sequence of lows and highs on M30 in accordance with price action rules.
