Euro / Australian Dollar
Long
Updated

EURAUD – 1H Bullish Divergence - Bullish Setup

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EURAUD – 1H Bullish Divergence at Key Support | Reversal Play Loading 🌀📈
Hey traders 👋
EURAUD is setting up for a potential bullish reversal on the 1H timeframe, and the confluence here is clean:
✅ Bullish divergence on momentum indicators
✅ Price sitting on a strong support zone
This isn’t hype — this is structure + signals lining up.

🔍 Technical Breakdown
Price: Recently made a lower low

RSI / MACD: Showing higher lows → classic bullish divergence

Support: Horizontal level that’s been respected multiple times — price is reacting, not just sitting

This divergence at a tested support level means sellers may be exhausting, and buyers could be ready to step in.

📈 What to Watch
Look for bullish engulfing or pin bar candles forming at this level

Break above recent minor high could confirm the move

Targets could be set toward the next resistance zone or Fibonacci retracement levels

Stop-loss goes just below the support to protect against fakeouts

💡 Setup Summary
Entry idea: Early (based on divergence) or on confirmation breakout

SL: Just under support

TP: Scale into resistance or swing structure

This is a high-R:R setup when played smart — just don’t overexpose on a single timeframe signal.

📌 EURAUD Showing Signs of Life – Will Buyers Step In?
Are you taking the early entry, or waiting for confirmation? Let’s chart it out and compare setups 👇

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