Analysis of the Australian euro pair in the short term

The EUR/AUD pair is still in a general upward trend for the daily frame

The EUR/AUD pair has also reached demand areas on the hourly frame

An important area compatible with a strong upward trend for the same frame.

A return and rise is expected in the event of a close above the current demand areas.

The analysis fails in the event of a break of demand areas and a break of the upward trend and a close below them.