Euro / Australian Dollar
Long
Updated

EURAUD – Bullish Outlook from Demand Zone (Continuation Trade)

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As we move deeper into Q2 2025, EURAUD is approaching a critical demand zone that could provide a bullish springboard for price action. At the time of analysis, the pair trades at 1.74889, resting just above a historically significant demand zone formed in early April. We have been holding a swing position since Feb (Trade plan published 26.02.2025).

🔍 Technical Outlook:
Trend Context:
Price has completed a Wyckoff Accumulation Cycle, with a clear Break of Structure (BoS) marking the transition from consolidation to expansion. Following the impulse move, price retraced gradually into the demand zone, potentially signaling a reaccumulation phase.

Key Zones:
Demand Zone: 1.74000 – 1.70500 (last point of demand)
Supply Target: 1.85600 (last point of supply)

Market Structure:
  • BoS confirmed the strength of buyers and institutional interest.
  • Currently printing higher time frame retracement, offering discounted long opportunities.


Bias:
🟢 Bullish until 1.70500 demand is invalidated.

🧠 Smart Money Concepts (SMC):
Liquidity Grab: The slow drift into demand suggests engineered liquidity build-up. If price taps deeper into the zone and prints bullish intent, we may see aggressive displacement.

Institutional Order Flow:
Strong signs of mitigation and re-accumulation from previous order blocks.

🧱 Wyckoff Method:
  • Phase C – Spring Test in play as price returns to the demand range.
  • A successful test may initiate a Phase D markup, with potential reaccumulation on lower timeframes.


🔮 Projection:
If price respects this demand level, I anticipate a bullish reaction back toward 1.80, with a longer-term target at 1.85600. Failure to hold 1.70500 invalidates the bullish thesis.

⚠️ Final Thoughts:
Stay alert to fundamental catalysts and use confirmation tools such as:
  • Bullish engulfing candles at demand
  • Lower timeframe BoS + market structure shifts
  • Volume spikes indicating smart money entry


📊 I remain bullish on this pair until the previous supply level fails.

🔔 Follow for live updates, deeper Wyckoff breakdowns, and Smart Money setups.
Trade active
Trade triggered at 1.75040 using LTF Wyckoff accumulation cycle. Running at break even.
Note
re-entry confirmations given.
Entry at 1.75160.
Note
If price breaks 1.75775 we can look for further entries and add to our position size.

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