EurAud to 1.6?

Since finding strong support at 1.5270, EurAud has started to trade upwards and is making higher lows for a month now.
At this point, the pair is consolidating just under important 1.56 resistance and I believe this resistance will eventually fall.
A break here would be significant and will clear the road to 1.6
I'm bullish EurAud as long as the price is above 1.54

Commentaire:

Euraud is trading above resistance
A daily close above 1.56 would confirm my scenario and opens the door to 1.6