EUR/AUD – Second Chance for Bears?EURO VS AUSTRALIAN DOLLARTRADENATION:EURAUDMihai_IacobAbout a month ago, I drew attention to a potential long-term short setup on EUR/AUD, highlighting that the pair had formed a measured move pattern after the sharp drop from 1.85. Since then, price broke below the rising trendline, but at that moment the drop lacked follow-through, and EUR/AUD bounced back. This bounce may now be a retest of the broken ascending trendline. If this is the case, bears could get a second chance to enter at higher levels, with the overall bearish structure still intact. Trading Plan: Selling around 1.79 could offer a solid medium-to-long-term opportunity, with a risk–reward ratio of approximately 1:2.5. Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.