EURAUD is moving impulsively from 1.47279 area. It has already made four waves up, with red wave 4-circled in final stages. We may now see a reversal to the upside into red wave 5, targeting levels around 1.5400 - 1.5450. We will be looking for this move higher as long as price trades above the area of red wave 1-circled.
www.ew-forecast.com
www.ew-forecast.com