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EUR/AUD has formed a bullish divergence vs RSI since our analysis yesterday, and this gives us a good conviction of it making a strong bounce from here to the divergence potential of 1.5330, which is also a fibonacci retracement level.
Trading recommendation:
Entry now
Take profit at 1.5330 and 1.5300
Stop loss at 1.5175
The material has been provided by InstaForex Company - www.instaforex.com