EURAUD 1D - long signals then potential Butterfly
Why long?
- breakout of grey box - its up line will act now as kind of S/R (support resistance)
- this place was also 161.8% fibo (red AB)
- price will go to another fibo level (result of measuring orange XA)
- pullback to S/R
- up to D point of butterfly
- then down for a while but no further than c.a. 1.45
