EURAUD - Triple bounce off?

PAIR IN FOCUS: EURAUD
ACTION: LONG
HORIZON: SHORT-TERM

Price is currently in a Critical Zone, which it has bounced off twice previously. This shows a good chance that price can bounce off once again. A bullish engulfing in the H4 time frame offers a LONG opportunity. Watch for bullish price action before any entry.

The TP levels and Stop Loss are indicated in the chart. Remember to manage your risk!

Feel free to discuss and comment, Cheers!

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