EurAud- Rise after false break

On the first of July, EurAud started to drop and the pair fell 1000 pips in only 6 weeks.
However, last week's drop under support is in fact a false break and on Friday the pair reversed and we have a strong bullish engulfing on our chart
I expect a reversal from this pair and a rise to 1.48 resistance
Buy dips as long as 1.4250 is intact can be a good strategy