EUR/AUD forming the perfect Rounding Bottom to rocket to 1.6816

٧ مارس ٢٠٢٣

Rounding Bottom has formed on EUR/AUD.
The momentum was so strong it didn't form a handle or rounding bottom for a W formation.
This means, demand side is strong and we can expect a ton of upside to come.
RSI>50 =70
Bullish bias
Target1.6816

CONCERNS:
I like to wait for a breakout confirmed before I get into a trade like this. This means, only if the candle opens above the breakout resistance tomorrow will I get into this long.