EURAUD: Oversold Market & Potential Pullback🇪🇺🇦🇺

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snapshot

EURAUD is in a sharp downtrend from the end of September.
Being heavily oversold & reaching a key level, the pair formed a double bottom formation on 4h.
With a confirmed neckline breakout, chances are high to see a bullish continuation.

First goal - 1.575

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Check my new analysis on CADCHF:
CADCHF: Bearish Breakout & Bearish Continuation 🇨🇦🇨🇭
Double Top or BottomEURAUDforecastfxtraderpatternspatterntradingPivot PointspriceactionWave Analysis

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