EURAUD is holding firmly above the rising trendline after a successful retest of the support zone at 1.7813. The price has formed consecutive higher lows and remains within a well-defined upward channel, indicating continued bullish structure. A small corrective pullback is expected before a renewed rally toward the 1.8100 resistance level. Momentum is building for a potential breakout continuation toward the upper boundary of the channel.📉 Key Levels
- Buy trigger: Bounce from 1.7813 and reclaim of 1.7900
- Buy zone: 1.7820–1.7880
- Target: 1.8100
- Invalidation: Breakdown below 1.7780 and support trendline
💡 Risks
- Failure to hold above the current higher low
- False breakout followed by bearish rejection from the mid-range
- Weak momentum due to macroeconomic uncertainty
If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!
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🌎WebSite: lingrid.org
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
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: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
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.