Price is showing strong bullish continuation on EURAUD after a clear break of previous consolidation structure.
Momentum remains supported by higher highs and higher lows, indicating buyers are still in control on the 4H timeframe.
The current push is approaching a major resistance/supply zone around 1.6700 where price previously reacted strongly.
This area may act as a decision point for either rejection or breakout continuation depending on buyer strength.
If price breaks and holds above this resistance, it opens room for a move toward higher liquidity zones above.
However, any rejection here could lead to a short-term pullback toward the mid-support levels below.
Momentum remains supported by higher highs and higher lows, indicating buyers are still in control on the 4H timeframe.
The current push is approaching a major resistance/supply zone around 1.6700 where price previously reacted strongly.
This area may act as a decision point for either rejection or breakout continuation depending on buyer strength.
If price breaks and holds above this resistance, it opens room for a move toward higher liquidity zones above.
However, any rejection here could lead to a short-term pullback toward the mid-support levels below.
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✅ ✅✅Join our Free Forex Community Telegram Channel here.
Hit the Link below
👇👇👇
linkin.bio/andrewstelegramfamily
Hit the Link below
👇👇👇
linkin.bio/andrewstelegramfamily
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.