EURAUD AT THE DECISION POINT

50
Current Price Action:
Price is currently at 1.78194, which is just below the 0.786 retracement (1.78481).
This area (1.7778 – 1.7850) is a strong retracement zone (the "golden zone").
Price tested the 0.786 level and slightly rejected, showing possible resistance.

Interpretation:

If EUR/AUD breaks and sustains above 1.7850, the next likely target is the swing high (1.7910) and possibly the 1.618 extension (1.8110).
If rejection holds at 0.786, price could pull back toward 0.618 (1.7778) or even 0.5 (1.7749) as support.

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