As you can see that, there is a Bullish bat forming on EURAUD 4 Hour TF. Which is completing around 1.4070.
This area (1.4070-50) is also a good support zone which is tempting us to have a long entry.
A long entry is recommended from 1.4070 considering the retracement. SL can be 20 pips Below from the X. (100 pips), Target can be 350-400 pips which is pointing us a good Risk Reward.
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