EURAUD is in a long bullish trend .
Market has retraced to reach significant support level 1.5770 , where it quickly pulled up , to close above it .
If market kept respecting support level 1.5770 , this will support the overall bullish sentiment , where to expect EURAUD to achieve more upward moves .
Market has retraced to reach significant support level 1.5770 , where it quickly pulled up , to close above it .
If market kept respecting support level 1.5770 , this will support the overall bullish sentiment , where to expect EURAUD to achieve more upward moves .
![](http://www.dukascopy.com/imageserver/img/2b11f01391fcbbd88d4e8a3fe775f4f7/500_2/image.jpg)