EURAUD long and short opportunities (Intra trade)

FX:EURAUD   Euro / Australian Dollar
Hi guys,

Here we have a nice opportunity on this pair. I have an active sell from 1.59500 and expecting a tp around 1.57000. Price snapped perfectly for the downtrend and now reached to a major level where price usually reacts. We can see a bullish engulfing candle which suggest we can have a buy from here with a tp to next resistance and from there we can potentially go short again with similar tp of 1.57000.

I have marked the tp and sl for you on this.

Let me know your thoughts.

Trade safe and good luck.
Trade closed: target reached: Target reached on both up and down trade. 71 and 19 pips
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