EUR/AUD Analysis – Symmetrical Triangle Formation

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Key Observations:

Pattern Type: Symmetrical triangle with converging trendlines.

Higher lows show demand stepping in.

Lower highs signal sellers defending resistance.

Volume Profile: Volume is tapering off, aligning with triangle logic → explosive move likely upon breakout.

Liquidity Pool Below: Large liquidity zone marked around 1.68300–1.74000, previously acted as accumulation base and demand zone.

Price Behavior: Currently nearing apex; compression suggests volatility expansion imminent.

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