EURAUD: Pullback From Key Level 🇪🇺 🇦🇺

EURAUD may pullback from a key daily horizontal support.
The pair looks very oversold after a recent bearish rally.

On Friday, the price formed a double bottom pattern on a 4H time frame
and broke and closed above its horizontal neckline.

We see its retest at the moment.
The price will reach 1.6376 level soon.

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