EURAUD: Bullish Push to 1.639?Euro vs. Australian DollarFX:EURAUDMaster_HunterEURAUD is eyeing a bullish continuation on the 4-hour chart, with price approaching a key support zone after recent pullback, converging with a potential entry area that could ignite further upside momentum toward the higher resistance zone near the 0.786 Fibonacci level if buyers defend amid volatility. This setup suggests a solid rally opportunity with 1:3 risk-reward.🔥 Entry between 1.615–1.618 (entry from current price with proper risk management is recommended). Target at 1.639. Set a stop loss at a daily close below 1.611, yielding a risk-reward ratio of 1:3. Monitor for confirmation via a bullish candle close above entry with rising volume.🌟 Fundamentally, EURAUD is trading around 1.621 in early September 2026. For the Euro, the most important release this week (1–4 September) is the Eurozone CPI Flash Estimate (August) on Tuesday, September 1 — a key inflation reading that can influence ECB policy expectations. For the Australian Dollar, a major event is the Australia GDP (Q2) on Wednesday, September 2, which will provide critical insight into the strength of the Australian economy. 💡 📝 Trade Setup 🎯 Entry (Long): 1.615 – 1.618 (Entry from current price is acceptable with proper position sizing and strict risk management.) 🎯 Target: 1.639 ❌ Stop Loss: Daily candle close below 1.611 📈 Risk-to-Reward: 1:3 💡 Will buyers defend 1.615–1.618 and push EURAUD toward 1.639, or will stronger Australian growth invalidate the bullish setup? 👇