Has EURAUD bouncing off major support to go long?

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EURAUD weekly rejection followed by 4 hourly consolidation and price action bouncing off the support level suggests the pair may be heading upwards.

Here is my buy stop entry details: Entry 1.55057, SL 1.54747, TP1 1.56034, TP2 1.56377, TP3 1.56592, TP4 1.57078

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Chart PatternsEURAUDTrend Analysis

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