EUR/AUD Technical Analysis (4H Chart)
EUR/AUD has rebounded from the demand zone (1.7090 - 1.7130), signaling strong buying interest. The price is forming higher lows, suggesting bullish momentum.
- Support: 1.7148 – Retest confirms demand.
- Resistance Levels:
- 1st Target: 1.7299 – Key resistance from previous price action.
- 2nd Target: 1.7392 – Stronger resistance level for extended upside.
- Invalidation: A break below 1.7064 would negate the bullish setup.
Outlook: As long as the price holds above support, buyers could push towards the targets. A breakdown below 1.7064 would shift momentum bearish.
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EUR/AUD has rebounded from the demand zone (1.7090 - 1.7130), signaling strong buying interest. The price is forming higher lows, suggesting bullish momentum.
- Support: 1.7148 – Retest confirms demand.
- Resistance Levels:
- 1st Target: 1.7299 – Key resistance from previous price action.
- 2nd Target: 1.7392 – Stronger resistance level for extended upside.
- Invalidation: A break below 1.7064 would negate the bullish setup.
Outlook: As long as the price holds above support, buyers could push towards the targets. A breakdown below 1.7064 would shift momentum bearish.
If you enjoy, press the like button.
Trade active
Note
Amazing setup. price start flying from minor support or entry area. Note
trade running 100 pips+ profit Note
Trade re-activated from demand zone.Note
Price flying towards our target zone. Trade closed: target reached
200 pips achieved. 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
💸FREE FOREX Signals in Telegram : t.me/SOAMPROTRADER
🔹Join Our Telegram Channel, Pure Price Action Based Signals With Chart Analysis.
t.me/SOAMPROTRADER
🚀FREE CRYPTO Signals In Telegram: t.me/SOAMPROTRADER
🔹Join Our Telegram Channel, Pure Price Action Based Signals With Chart Analysis.
t.me/SOAMPROTRADER
🚀FREE CRYPTO Signals In Telegram: t.me/SOAMPROTRADER
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.