(1,3130) EUR/AUD confirmed a positive closing last night but this morning the cross finally confirmed a break higher already showing a 1,3100 overshooting. The M/T target could now be 1,4009 based on the reversed S_H_S formation the cross is further confirming with the present move up! The monthly closing was strong. The indicators of the daily chart are still well positive close to the overbought area. Those of the s/t ones are also positive with bearish divergences confirming a positive tone. The s/t target is at 1,3151. Possible return toward 1,30 are buying opportunities!!
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