EURAUD; Retest of support zone = BUY

Hello world,

basically, this analysis is based on H4 timeframe. We can see that after „ECB storm“ market successfully tested ascending trendline based on D1 timeframe. Now I expect next move UP from RESISTANCE zone, which is now SUPPORT zone. Now I am waiting for price action confirmation - i think that H1/H4 engulfing bar or pin bar would be nice signal to open this trade.

Thank you for your attention and good luck!!