EUR/AUD Bullish Breakout Scenario Above 1.62278Euro/Australian DollarFX:EURAUDBitsounisProjectEUR/AUD is currently showing a potential short setup, but considering the lower volatility typically seen on Mondays, I’m more interested in the bullish scenario for now. The key level to watch is 1.62278. A successful breakout above this resistance could trigger further upside momentum and open the door for a move toward the 1.62900 target zone. As long as price continues building strength below resistance, buyers may attempt to take control and push the pair higher in the short term. Breakout Level: 1.62278 Target: 1.62900 Bias: Bullish above resistance Trading Idea Waiting for a clean breakout and confirmation above 1.62278 before looking for long opportunities. If buyers maintain momentum, the next upside objective sits around 1.62900. Will EUR/AUD break higher or reject once again from resistance?