Euro / Australian Dollar
Long
Updated

EUR/AUD Bullish Channel (22.1.2025)

1โ€ฏ346
The EUR/AUD pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent Formation of a Bullish Channel Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours.

Possible Long Trade:
Entry: Consider Entering A Long Position around Trendline Of The Pattern.

Target Levels:
1st Resistance โ€“ 1.6703
2nd Resistance โ€“ 1.6732

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