EURAUD - Bullish Structure, Looking for Continuation!

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EURAUD - Bullish Structure, Looking for Continuation!EUR/AUDOANDA:EURAUDRayannsrEURAUD remains overall bullish after breaking above the green daily structure, which shifted the broader market direction to the upside. Since then, price has continued to move inside the red ascending channel on the H4 timeframe, maintaining the current bullish structure. Price is gradually approaching the lower boundary of the channel, creating an interesting area to monitor for potential continuation. 📌If price continues respecting the ascending channel and reaches the lower boundary, we can start looking for buy setups on lower timeframes as trend-following opportunities within the broader bullish structure. 📌However, if price breaks below the ascending channel and loses the green daily structure, this may suggest that the bullish phase has weakened and that the market could be transitioning back into a broader bearish direction. The reaction around these levels may provide more clarity on whether the current bullish structure remains intact, or if a larger directional shift is beginning to develop. ⚠️Disclaimer: This analysis reflects my personal market view and is not financial advice. Rayan Nasser #EURAUD #EUR #AUD #Forex #TechnicalAnalysis #PriceAction #Trading #MarketStructure