A buying opportunity for the EUR/AUD pair is currently available

The EUR/AUD pair has reached daily demand zones,

and significant overlapping demand zones on the 4-hour timeframe.

Signs of accumulation are beginning to appear,

which could propel the pair upwards significantly if successful.

Currently, if the downtrend line shown on the chart is broken,

and the price closes above the resistance level at 1.77050,

then an upward move towards targets of 1.7800 and 1.7900 is expected.

The pair is still under observation, 

so there is no need to rush into entering a position.