EURAUD Is Bullish! Long! EURO VS AUSTRALIAN DOLLARTRADENATION:EURAUDSignalProviderPlease, check our technical outlook for EURAUD. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 1.629. Considering the today's price action, probabilities will be high to see a movement to 1.635. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!