Buy EUR/AUD after retest of broken trendline and consolidation.

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Buy EUR/AUD after retest of broken trendline and consolidation.Euro/Australian DollarFX:EURAUDForexExpats1EUR/AUD has been consolidating for the last couple of weeks and has now broken higher. EUR crosses look strong and the commodities currencies appear weak so I expect more gains to retrace much of the April high this year. Buy : 1.7905 retest broken trendline (now support) Stop : 1.78065 under consolidation lows Profit : 1.8250 before 78.6% Daily Fib retracement of April 2025 high Risk 1 : 3.5