EURAUD: Bullish Outlook Explained

Last week, the 🔻EURAUD hit a significant rising trend line on the intraday chart.
Despite the market having been in a horizontal consolidation phase for a while, the contact with the trend line pushed the pair upward.

The market subsequently broke through and closed above the range's resistance.
I anticipate that the pair will continue to rise.
Targets: 1.6697 / 1.6763