Lingrid | EURAUD Swap Zone Rejection Reversal Setup

has rebounded aggressively from the recent swing low, but the recovery is now meeting strong headwinds inside the 1.7750 swap zone, where previous demand flipped into supply. Price has already shown hesitation near the descending resistance line, suggesting that bullish momentum may be lost traction. The broader structure still favors sellers, with the latest advance looking corrective rather than impulsive.

If this rejection holds, could roll over and rotate back toward the 1.7590 support region, where the lower channel boundary and prior demand converge. That area may act as the next downside magnet if sellers regain control.

➡️ Primary scenario: rejection from 1.775 → pullback toward 1.7590.
⚠️ Risk scenario: a sustained break above 1.79 could invalidate the bearish setup.

If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!

Trade ist aktiv

Now price on Resistance zone - good chance to SELL!

Lingrid

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Lingrid

🔥 Daily GOLD and Forex updates with 20,000+ active traders:
t.me/LingridChannel
🚀 Daily CRYPTO setups:
bit.ly/3JIGE2j

Auch bei: