EURAUD-bullish cypher on D1 chart

I think this pair has more downside potential because a bat pattern is still in play:


After that i will try to enter long at the cypher completion.

More reasons:

- Projected bounce on ema 200
- round level 1.45000
- 50% retracement of the hole rally from 2015-04-28 (not shown)

Best regards

Regards