EURAUD: Weak-Low CHoCH — Bullish Reversal Toward 1.6443?Euro vs. Australian DollarFX:EURAUDMaster_HunterHook: EURAUD has shifted its 4H structure with a bullish Change of Character (CHoCH) off the weak low — and a pullback into 1.58500–1.58900 could offer buyers an opportunity to build momentum toward 1.62650 first, followed by 1.64430. 🔥 Market Context: EURAUD is trading around 1.603 in early November 2026, following a bullish structural shift from the recent weak-low area. The setup focuses on a potential retracement into the 1.58500–1.58900 support zone, where buyers could defend the structure and establish a higher low before continuing toward the overhead resistance zones. Reasoning: 1- Bullish CHoCH from the weak low: the change of character suggests that buyers have gained control of the recent 4H structure. Maintaining this shift during a pullback would strengthen the reversal thesis. 2- Support mitigation defines the entry: the 1.58500–1.58900 zone is the key area to monitor. A successful retest followed by bullish displacement could provide a structured opportunity to join the recovery rather than chasing price higher. 3- Two-stage buy-side liquidity targets: 1.62650 is the first upside objective, where partial profit-taking could be considered. If bullish momentum continues, 1.64430 becomes the second target and the next major resistance area. 4- Fundamental divergence adds another dimension: the RBA's latest 25-basis-point hike strengthens the Australian Dollar's interest-rate backdrop, while the upcoming Eurozone Flash CPI could influence expectations surrounding the Euro. The interaction between these monetary-policy expectations and the technical structure will be important for EURAUD. Trade Setup: 🟢 Entry: 1.58500–1.58900 🎯 Target 1: 1.62650 🚀 Target 2: 1.64430 🛑 Stop Loss: Daily close below 1.57750 ⚖️ Combined Risk-to-Reward: Approximately 1:5, assuming appropriate partial exits and execution near the planned entry zone. 📊 Execution: Consider securing partial profits at 1.62650 while keeping a portion of the position for the extended target at 1.64430. Maintain disciplined position sizing and risk management. Fundamental: EURAUD is trading around 1.603 in early November 2026. For the Euro, the most important release this week (ending November 6) is the Eurozone Flash CPI (October) on Wednesday, November 4. The previous flash reading for September was 3.8% y/y. For the Australian Dollar, the standout event has already taken place. The RBA raised its cash rate by 25 basis points to 4.85% on Tuesday, November 3, in a 6–3 split vote. The Board removed its explicit reference to further hikes, and markets are now leaning toward a pause in December. 💡 Question: Would you wait for EURAUD to mitigate the 1.58500–1.58900 support zone and confirm bullish continuation, or do you think the CHoCH from the weak low is already strong enough to anticipate a move toward 1.62650 and potentially 1.64430? 👇