Lingrid | EURAUD retest the RESISTANCE zone

The price perfectly fulfills my last idea. It hit the target level. The market is now approaching the resistance zone, following a rebound from the support level. EURAUD has formed a double bottom, indicating that the bears lacked the strength to push the price further down. On the daily timeframe, the price has reached the support level, where a significant upward move was seen earlier. Since then, the market has been in consolidation mode. If the price pulls back to the entry zone, it presents an opportunity to buy then we can look for confirnation to go long. Given the market's momentum, I expect growth from this support level and potenatilly channel breakout. My goal is the resistance at 1.63430


Traders, if you like this idea or have your own opinion on this matter, write in the comments. I will be glad 👩‍💻