EUR/AUD Long Setup – Buy Near 1.6500, Target 1.6700EUR/AUDOANDA:EURAUDjustforfreelauncingEUR/AUD is approaching a key support level around 1.6500, making it an attractive buying opportunity for a potential upside move. The pair has been consolidating within a range, and this level aligns with strong historical support and a potential Fibonacci retracement zone. On the fundamental side, the Euro remains resilient due to a stable economic outlook, while the Australian Dollar faces headwinds from commodity price fluctuations and a cautious RBA stance. If risk sentiment turns bearish, AUD could weaken further, supporting EUR/AUD upside. Technical Outlook: 1.6500 is a key demand zone where buyers have historically stepped in. A potential bullish reversal is expected from this area, with a target of 1.6700, where previous resistance lies. A breakout above 1.6600 could accelerate buying momentum. Trade Setup: 📍 Entry: Buy near 1.6500 🎯 Target: 1.6700 📉 Stop-loss: Below 1.6460 (adjust based on risk management) Confirmation from bullish candlestick patterns or an upward break in lower timeframes could strengthen the trade setup. Keep an eye on market sentiment and news catalysts that may impact price action. Risk Disclaimer: This is not financial advice. Always use proper risk management and conduct your own analysis before entering a trade.