EURAUD LONG TRADE BEFORE NZD RATES

On EUR/AUD, we have a bullish setup after last week's news on the dollar. Currently, the price is retracing and it is expected to do so until the 38 Fibonacci level. There, we have a potential entry point for a long trade at 1.6475, as we have a breaker block validating the entire setup. Greetings from Nicola, CEO of Forex48 Trading Academy.