EUR/AUD Presents a new Bullish Momentum as the pair was in Wave 4 and break the pink trend line with 4 hour candle which present the start of a new bullish wave (Wave 5) , also by breaking the 21 EMA by a 4 Hour candle give more confirmation of the bullish momentum and as an additional confirmation the pair challenged the support at 1.56417 and fail to break it and made a bounce .
So we see a good buy opportunity to challenge the last top at 1.57950 as a first target and 1.5940 as second target at Fibonacci -0.27 level.