EURAUD - Look for Reversal Long (INTRADAY) 1:4!

AUD is currently trading on the lower side due to recent geopolitical tensions, which are fundamentally affecting both AUD and NZD. From a technical perspective, EURAUD is approaching the HTF Demand Zone, showing a strong rejection and failing to break the HTF Support Level.

We could see the price reacting to the support level, potentially moving toward the nearest Supply Zone before continuing its downward trend. Let's see how the market responds to this setup.

Disclaimer:
This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!

交易進行

100pips secured, we shall see the current price action before taking any decisions either take all profit, partially or HLOD to the TP!

交易進行

*77pips to be exact