Here is another potential long coming up on EUR/AUD. Price has been rejecting the same level of 1.52730 which now seems like it may be ready to break and close above. if price is able to close above resistance I will be looking for some sort of pullback to go long, We also have a beautiful clean range to the left that can be easily filled.
I am looking to take profit at 1.53400. Keep in mind that we are at a level that has been rejected multiple times, therefore it is wise to wait for price to close and retest and give some sort of rejection upon retest, I will be happy with wick rejections followed by a strong bullish candle.
We are early into the week and we have no reason to force anything, let's remain patient and wait for the price to come to us.