Euro/Aussie Eyes 1.7780 Resistance Amid RBA Pause and Eurozone PEUR/AUD is testing the upper boundary of a rising channel near 1.7710 after recent strength in the euro and caution around the Australian dollar ahead of Reserve Bank of Australia (RBA) policy commentary.
The technical set-up favours a push toward 1.7760-1.7780 (near the 78.6–100 % Fibonacci extensions), provided support holds around 1.7680–1.7690.
Key fundamentals include the RBA’s hold at 3.60 % and the eurozone PMI releases that may boost euro demand; the AUD remains pressured by weaker commodity triggers and a lack of fresh impetus.
The alternative scenario, if risk sentiment sours or the RBA signals easing later, would target a break below channel support toward 1.7640-1.7620.
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Trade ideas
EURAUD oversold bounceback support at 1.7630The EURAUD remains in a neutral trend, with recent price action showing signs of a corrective pullback within the broader sideways trend.
Support Zone: 1.7630 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 1.7630 would confirm ongoing upside momentum, with potential targets at:
1.7770 – initial resistance
1.7815 – psychological and structural level
1.7850 – extended resistance on the longer-term chart
Bearish Scenario:
A confirmed break and daily close below 1.7630 would weaken the bullish outlook and suggest deeper downside risk toward:
1.7590 – minor support
1.7565 – stronger support and potential demand zone
Outlook:
Neutral bias remains intact while the EURAUD trades around pivotal 1.7630 level. A sustained break below or above this level could shift momentum.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Bullish reversal off major support?EUR/AUD is reacting off the support level, which is a multi-swing low support and could bounce from this level to our take profit.
Entry: 1.75925
Why we like it:
There is a multi-swing low support.
Stop loss: 1.74710
Why we like it:
There is a multi-swing low support.
Take profit: 1.77348
Why we like it:
There is a pullback resistance that lines up with the 23.6% Fibonacci retracement.
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EUR/AUD 4-Hour AnalysisOn the 4-hour chart, EUR/AUD recently bounced from a key support area around 1.7586, which also coincides with the lower boundary of a near-term sideways range. The pair has shown clear price support and stable trading above that level, while shorter timeframes are beginning to display bullish signals.
Therefore, a further upward move is expected, with initial targets at 1.7830 and then 1.8144.
Bullish bias remains valid as long as price stays above 1.7481.
EURAUD Forming Descending ChannelEURAUD is currently trading within a well-defined descending channel on the 4-hour chart, showing a controlled bearish momentum after a strong rally earlier this month. However, recent price action suggests that the pair might be preparing for a potential breakout to the upside as the candles test the upper boundary of the channel. A clean break and close above 1.7680 could confirm a bullish reversal setup, potentially driving price toward the 1.7850–1.8000 zone in the short term. The pair is finding strong buying pressure near the 1.7600 area, which aligns with previous structural support, indicating that buyers are gradually regaining control.
From a fundamental standpoint, the euro remains supported as the European Central Bank maintains its cautious but steady tone regarding inflation control, while the Australian dollar faces pressure due to weaker commodity sentiment and softening economic indicators. The ongoing global uncertainty and mixed signals from the RBA are keeping AUD volatility elevated, which favors EUR resilience. Traders are closely watching upcoming inflation data and central bank comments for directional cues, but sentiment currently leans toward a possible EUR recovery if risk appetite improves.
A confirmed breakout above the channel could signal the start of a fresh bullish leg for EURAUD, especially if momentum continues building toward the 1.7900–1.8000 targets. As long as price holds above 1.7600, buyers remain in control with potential for a profitable upside move in the near term.
EURAUD – structure breathes in waves.Price retraces toward a clean order block within a discount zone after a strong impulsive leg. Correction is forming a precise ABC pattern, likely to complete near 1.767 before the next wave resumes toward 1.835.
Strengths:
Wave symmetry, confluence with order block, and IDM liquidity structure all align. Setup maintains bullish context from higher timeframe while defining risk clearly below C.
Weaknesses:
Momentum confirmation pending; daily RSI could signal exhaustion if recovery stalls. EUR fundamentals remain sensitive to data shocks that can distort technical structure.
SmellyTaz — decoding chaos.
EURAUD: Bullish Continuation & Long Trade
EURAUD
- Classic bullish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Long EURAUD
Entry - 1.7607
Sl - 1.7589
Tp - 1.7642
Our Risk - 1%
Start protection of your profits from lower levels
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Lingrid | EURAUD Round Number Support Long SetupThe price perfectly fulfilled my previous idea . FX:EURAUD is rebounding from the confluence of support and trendline, signaling renewed buying pressure within the mid-range of the upward channel. Price action is forming a higher low near 1.77, confirming a potential continuation phase. A breakout above 1.7930 could open the way toward the resistance zone at 1.8150.Bulls are defending the ascending structure, hinting at a possible push toward fresh highs.
⚠️ Risks:
Unexpected weakness in Eurozone inflation data could pressure the euro.
Strong CPI may strengthen the Australian dollar.
Break below 1.77 would invalidate the bullish scenario and shift focus to 1.7570.
If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!
EURAUD to find buyers at current market price?EURAUD - 24 expiry
The selloff is close to an exhaustion count on the intraday chart.
We expect a reversal in this move.
Risk/Reward would be poor to call a buy from current levels.
A move through 1.7775 will confirm the bullish momentum.
The measured move target is 1.7875.
We look to Buy at 1.7700 (stop at 1.7625)
Our profit targets will be 1.7850 and 1.7875
Resistance: 1.7800 / 1.7850 / 1.7875
Support: 1.7750 / 1.7700 / 1.7650
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EURAUD: Time to Grow? 🇪🇺🇦🇺
EURAUD is going to fill a gap down opening soon.
I see a strong bullish confirmation with a breakout
of an intraday resistance on a 4H time frame.
Expect a rise at least to 1.482 level.
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EURAUD uptrend breakout support at 1.7724The EURAUD remains in a bullish trend, with recent price action showing signs of a breakout within the broader uptrend.
Support Zone: 1.7724 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 1.7724 would confirm ongoing upside momentum, with potential targets at:
1.7877 – initial resistance
1.7930 – psychological and structural level
1.7960 – extended resistance on the longer-term chart
Bearish Scenario:
A confirmed break and daily close below 1.7724 would weaken the bullish outlook and suggest deeper downside risk toward:
1.7700 – minor support
1.7675 – stronger support and potential demand zone
Outlook:
Bullish bias remains intact while the EURAUD holds above 1.7724. A sustained break below this level could shift momentum to the downside in the short term.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
EURAUD FREE SIGNAL|LONG|
✅EURAUD is reacting from the higher-timeframe demand area after engineering liquidity beneath recent equal lows. The impulsive bullish candle confirms a shift in market structure, signaling intent to retrace toward the inefficiency gap above 1.7780.
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Entry: 1.7749
Stop Loss: 1.7724
Take Profit: 1.7780
Time Frame: 4H
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LONG🚀
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