#euraud EURAUD is respecting a well defined ascending channel structure with price recently bouncing strongly from the lower boundary support signaling renewed bullish momentum. The sharp reaction off the channel base suggests demand absorption and a potential continuation toward the upper trendline resistance. Price action confirms higher highs and higher lows, maintaining bullish market structure while the recent correction appears to have completed a corrective leg, likely a pullback within the broader uptrend. As long as price holds above the channel base, the bias remains bullish with room for further upside continuation toward the channel top.