EURAUD: Retest of the Structure Could Fuel the Next Bullish Leg

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EURAUD: Retest of the Structure Could Fuel the Next Bullish LegEUR/AUDOANDA:EURAUDKlejdiCuniEURAUD: Retest of the Structure Could Fuel the Next Bullish Leg EURAUD has delivered a clean breakout from a symmetrical triangle, signaling a potential shift in market structure after a prolonged period of consolidation. Following the breakout, price has rallied aggressively and is now entering a healthy consolidation phase. As long as the former resistance area continues to hold as support, the bullish outlook remains intact. A successful retest could provide the foundation for another impulsive move higher. Holding above this region would suggest buyers remain in control and increase the probability of a continuation toward the next major resistance levels. Bullish Scenario: 🎯 Target 1: 1.6560 🎯 Target 2: 1.6675 You can find more details on the chart. Thank you and good luck! 🍀 ⚠️PS: Do your own analysis and use your own strategy to join the trade. ❤️ If this analysis helps your trading day, please support it with a like or comment