歐元/澳元
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EURAUD Ready to break the horizontal resistance

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EURAUD is currently in a well-established uptrend and trading within an ascending channel. The price is now testing the channel resistance, and momentum indicators suggest underlying strength that could support a breakout.

If the pair successfully breaks above the current resistance zone, it may initially target the upper boundary of the channel around 1.815. A decisive breakout above this level could open further upside potential toward 1.840.

Traders should watch for strong bullish candlestick confirmation at the resistance area or a retest of the breakout level for potential long entries.



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