SELL EURAUD – 1.68101

Technical analysis shows an equal‑high‑low sweep on the 4‑hour chart, indicating a sell‑side sweep with the entry at 1.68101 just below the recent swing low and well under the 1.7060 resistance that defines the medium‑term downtrend. The H4 bias is 66% bearish and volume is high, confirming aggressive selling pressure. Multi‑timeframe analysis is neutral, but the dominant short‑term signal aligns with the EUR/AUD daily outlook that remains bearish as long as the 1.7060 level holds. Fundamentally, the AUD is under pressure from weaker commodity demand and a softer US dollar after the CPI surprise, while the euro faces limited upside without fresh positive data, creating a modestly bearish backdrop for the pair. The stop‑loss at 1.68231 respects the recent structure, and the tiered profit targets capture the expected move toward 1.6801, 1.67932 and 1.67776, providing a favorable risk‑reward profile.