EURAUD to go higher.

Why is this so:

• It has double bottom with bullish divergence.
  

• Price penetrated the double bottom neckline and go higher before pulling back.
  

• The pullback tested the support/neckline and created a bullish key reversal.
  

• Already LONG at 1.5885.
  

• Price will probably move higher at least towards resistance at 1.6335.
  

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Operación cerrada: precio stop alcanzado:

Stand aside.