EURAUD H1 Analysis

The EURAUD has formed a bullish pennant on the hourly chart. This is a continuation pattern which indicates more upward movement, as the price is an a bullish trend. Hence, the trade would be executed as follows:
EURAUD
BUY: 1.64900
SL: 1.64400
TP1: 1.65400
TP2: 1.65900