EUR/AUD 4H – Bullish Structure with Possible Retest Zones

📌 Pair: EUR/AUD
⏳ Timeframe: 4H

📈 Market Overview:
EUR/AUD has been in a strong bullish trend, pushing towards 1.7000+ levels, breaking previous resistance zones. However, we are now approaching a critical area where price could either consolidate or retrace before continuing higher.

🔍 Key Levels to Watch:
1.71825 – Daily Resistance: A major level where sellers may step in.
1.70048 – Recent High: Current price has reached a key psychological level.
1.68461 – Broken Support: Potential retest zone.
Fair Volume Gaps: Gaps indicate possible areas for retracement before a continuation.
Fibonacci Retracement Levels:
0.382 - 1.67569
0.5 - 1.66814
0.618 - 1.66058
📊 Trade Plan:
🔹 Scenario 1 - Bullish Continuation: If price consolidates above 1.68461 and forms a strong rejection, we could see a continuation towards 1.71825.
🔹 Scenario 2 - Pullback & Retest: If price retraces into the Fair Volume Gap zones or Fib levels, we can look for bullish confirmations before entering long positions.

💡 Trade Sentiment:
✅ Bullish Bias remains strong
📍 Watching for a healthy pullback before further upside
📉 Bearish reversal only if price breaks below 1.6600