EUR/AUD - Important situation on a 6 months trendline
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The EUR/AUD pair is in an important situation, the price is reaching the 6 months old trendline. So we have to wait for a bounce or a breakout event, in both cases we must wait for a price action pattern that can confirm the case. For the SHORT situation, I prefer to enter on a pullback. For the LONG situation, I prefer to enter at first bullish price action pattern.