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.
✅ ✅✅Join our Free Forex Community Telegram Channel here.
Hit the Link below
👇👇👇
linkin.bio/andrewstelegramfamily
Hit the Link below
👇👇👇
linkin.bio/andrewstelegramfamily
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
✅ ✅✅Join our Free Forex Community Telegram Channel here.
Hit the Link below
👇👇👇
linkin.bio/andrewstelegramfamily
Hit the Link below
👇👇👇
linkin.bio/andrewstelegramfamily
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.