This pair is creeping further into the long term uptrend line.
As long as this level is not broken, we can see the price revisit the 1.65 level. Build your long positions slowly, it will take awhile for the price to show signs of bullishness.
It will take some time, but the bulls shall ultimately win.
EURAUD Long
Entry is valid as long as price is above 1.5580
SL: 1.5280
TP: 1.6500