EURAUD | BUY ON BREAKOUT

EURAUD has been in downtrend after making a top at 1.53. The price has dropped to 1.42 and formed a double bottom pattern. The bulls too control from there and now price has been making higher highs and higher lows. The price has holding a rising support. Now currently the price is trading at horizontal resistance. The same zone is also a breakout zone.
We are expecting a bullish trend after break of horizontal resistance. The bears will be only in control below break of rising support.
Trade your levels accordingly.