EUR/AUD Price Action Forecast Today: Will Resistance Trigger a Bearish Drop?

EUR/AUD remains bearish on both the weekly and daily charts, with price retesting the key 1.61715–1.62300 resistance zone after breaking below weekly and daily support.

Price is trading below the 50 EMA on both timeframes, while rejection at resistance supports the bearish outlook.

The weekly chart also shows a retest of the head-and-shoulders pattern, adding technical confluence around the resistance area.

The main question is:

Can EUR/AUD reject 1.61715–1.62300 and continue toward 1.60500?

Key Takeaways

1. EUR/AUD remains in a bearish trend on both the weekly and daily charts.
2. Previously broken weekly and daily support is being retested as resistance.
3. Price remains below the weekly and daily 50 EMA.
4. Bearish confirmation at 1.61715–1.62300 would support a potential move toward 1.60500.
5. A confirmed break above resistance and successful retest would bring 1.63000 into focus.

EUR/AUD Weekly Chart Price Action: Bearish Structure and Head-and-

Shoulders Retest

Weekly Timeframe Price Action Analysis. Price retesting Weekly and Daily Resistance Level

EUR/AUD remains in a clear weekly bearish trend.

Price has broken below major weekly and daily support and is now retesting the 1.61715–1.62300 level as resistance.

Weekly Timeframe Price Action Analysis. Price Retesting HAS Neckline

Rejection around this area suggests sellers are defending the zone. Price also remains below the weekly 50 EMA, supporting the broader bearish bias.

The weekly head-and-shoulders retest adds confluence, although further bearish price action is needed to confirm continuation.

Weekly Chart Confirmations

1. Bearish market structure
2. Break below weekly and daily support
3. Former support being retested as resistance
4. Price below the weekly 50 EMA
5. Bearish rejection at resistance
6. Weekly head-and-shoulders pattern retest

EUR/AUD Daily Chart Price Action: Rejection at Weekly and Daily

Resistance

Daily Timeframe Price Action Analysis. Price Holds Strongly at Weekly and Daily Resistance Level

The daily chart also remains bearish.

EUR/AUD is trading below the major 1.61715–1.62300 resistance zone, where weekly and daily levels overlap.

Rejection around this area suggests buyers are struggling to reclaim the broken support zone.

Price also remains below the daily 50 EMA, keeping the daily technical picture aligned with the weekly bearish trend.

Daily Chart Confirmations

1. Bearish market structure
2. Price below major weekly and daily resistance
3. Price below the daily 50 EMA
4. Bearish rejection at resistance
5. Weekly and daily resistance confluence

What Is the Key Setup for EUR/AUD?

EUR/AUD maintains a bearish technical bias, with 1.61715–1.62300 remaining the main decision zone.

A confirmed rejection would support bearish continuation. A sustained break above the zone, followed by a successful retest, would weaken the immediate bearish outlook.

EUR/AUD Bullish Scenario: Break and Retest Above Resistance

Daily Timeframe Price Action Analysis. Bullish Bias Anticipation

The bullish scenario requires EUR/AUD to break above 1.62300, clearing the weekly and daily resistance zone.

Stronger confirmation would come if price then retests 1.61715–1.62300 as support and shows bullish rejection.

This would support a potential recovery toward 1.63000, although it would not by itself confirm a complete reversal of the broader weekly trend.

Bullish Setup

Daily Timeframe Price Action Analysis. Bullish Take-profit and Stop-loss placement

1. Breakout Level: Above 1.62300
2. Retest Zone: 1.61715–1.62300
3. Confirmation: Former resistance holds as support with bullish rejection
4. Target: 1.63000
5. Bias: Bullish recovery after a confirmed break and retest

Bullish confirmation: A break above 1.62300 followed by a successful retest of the resistance zone as support.

EUR/AUD Bearish Scenario: Resistance Rejection Toward 1.60500

Daily Timeframe Price Action Analysis. Bearish Bias Anticipation

The bearish scenario remains favored while 1.61715–1.62300 holds as resistance.

A clear bearish rejection from this zone, followed by downside follow-through, would support continuation in line with the weekly and daily trends.

Under this scenario, 1.60500 remains the downside target.

Bearish Setup

Daily Timeframe Price Action Analysis. Bearish Take-profit and Stop-loss placement

1. Resistance Zone: 1.61715–1.62300
2. Confirmation: Clear bearish rejection followed by downside follow-through
3. Target: 1.60500
4. Bias: Bearish while resistance holds
5. Invalidation: A sustained reclaim of the zone followed by a successful support retest

Bearish confirmation: A failed attempt to reclaim 1.61715–1.62300, followed by strong bearish rejection and continuation lower.

EUR/AUD Forecast: What Should Traders Watch?

The technical picture currently favors sellers, but confirmation around 1.61715–1.62300 remains essential.

1. Bullish scenario: Break above 1.62300 → successful support retest → 1.63000 target
2. Bearish scenario: Resistance holds → bearish rejection and follow-through → 1.60500 target

Both timeframes remain bearish, price is below the 50 EMA, and the weekly head-and-shoulders retest adds confluence to the resistance area.

Final Take

The EUR/AUD price forecast remains bearish while the 1.61715–1.62300 resistance zone holds.

Both the weekly and daily charts show bearish market structure, with price below the 50 EMA. Rejection at former support, alongside the weekly head-and-shoulders retest, supports the bearish outlook.

If sellers defend the zone and bearish confirmation follows, 1.60500 remains the downside target.

A confirmed break above 1.62300, followed by a successful retest as support, would weaken the bearish bias and open the possibility of a recovery toward 1.63000.

Wait for the rejection or the confirmed breakout. Let price action confirm the next move.

________________________________________________

Join the Inclusive Trading Community

Want more real-time price action education, and structured trading discussions?

Join the ACY Securities Discord Server.

Inside the community, you can access:

1. Gold and Forex market discussions
2. Price action breakdowns
3. Trading education
4. Technical analysis insights
5. Community Q&A and market discussions

Join the ACY Securities Discord Community

_____________________________________________________________________________________

Start Your Live Trading Journey

Move from learning price action to applying it in the real market.

Trade:

1. Forex
2. Gold
3. Indices
4. Crypto
5. Commodities

Access trading platforms and tools including ACY, MT4, MT5, and Copy Trading.

Create an Account and Start Live Trading

_____________________________________________________________________________________

Beginner’s Path

Build your trading foundation with these step-by-step guides:

1. Beginner Trading Steps: 4 Rules to Follow Before You Trade
2. Beginner Trading Steps: Mistakes That Can Slow Down Your Progress—and How to Avoid Them
3. The 1% Risk Rule: Common Trading Mistakes to Avoid
4. Habits of Successful Traders: 4 Ways to Build Discipline in Trading
5. Beginner Trading Guide: A Step-by-Step Roadmap to Smarter Trading
6. A Beginner’s Guide to Technical Trading Systems for Gold, Forex, Crypto, Commodities and Indices
7. Trading Performance: 6 Skills Every Consistent Trader Must Master

Mastering Price Action Trading

Learn to read price action and assess trading setups at key levels:

1. Why Price Action Trading Works: A Simple Framework for Any Market
2. Mastering Price Action at Key Levels: How to Identify and Trade High-Probability Setups

Identifying Market Trends and Structure

Learn to recognize bullish, bearish and sideways markets:

1. How to Master Market Trends with a Price Action Strategy
2. Understanding Market Structure: The Structure of a Market Trend
3. How to Trade Market Structure with Support and Resistance: A Step-by-Step Guide

Identifying Support and Resistance

Learn to mark key levels and interpret price reactions:

1. How to Identify Support and Resistance Levels
2. Combining Market Structure with Support and Resistance
3. XAUUSD Support and Resistance: How to Mark Key Gold Levels

Mastering Break and Retest Patterns

Understand recurring price patterns, retests and false breakouts:

1. Break and Retest: A Simple, Repetitive Price Action Pattern
2. Break and Retest: How to Trade Repetitive Market Patterns
3. EUR/JPY Price Action Case Study: Retesting a Reversal Pattern
4. False Breakouts: How to Avoid Breakout Traps and Trade Smarter

Candlestick Confirmation and Patterns

Learn to combine candlestick signals with price action analysis:

1. Top Japanese Candlestick Patterns: Combining Candlestick Confirmation with Price Action
2. How to Use the Engulfing Candlestick as an Entry Signal
3. Bullish and Bearish Pin Bars: A Guide to Reversal Candlestick Confirmations

Trading Trend Reversal Patterns

Learn to recognize patterns that may signal a change in market direction:

1. Reversal Chart Patterns: A Complete Guide to Bullish and Bearish Trend Reversals

Mastering the 50 EMA

Explore how to combine the exponential moving average with price action:

1. How to Trade Using the EMA Indicator with Price Action Analysis

Swing Trading 101

Bring your technical analysis skills together through a gold swing trading guide:

1. How to Swing Trade Gold (XAU/USD) with Technical Price Action Analysis: Step by Step

How to Start Trading Gold

1. How to Swing Trade Gold (XAU/USD) with Technical Price Action Analysis: Step by Step
2. XAUUSD Support and Resistance: How to Mark Key Gold Levels
3. XAUUSD Support and Resistance: How to Mark Gold Levels on the Weekly Chart?

Risk Management and Position Sizing

Learn how risk management and position sizing fit into your trading plan:

1. Risk Management in Trading: The 20% That Determines Long-Term Trading Success
2. Master Position Sizing in Trading: 5 Rules to Protect Your Capital and Grow Your Account Consistently
3. The 1% Risk Rule: Common Trading Mistakes to Avoid

Take-Profit Targets

Learn how to plan take-profit targets using market structure and risk-reward:

1. Take-Profit Order (TP): A Beginner’s Guide to Better TP Targets

Mastering the Trader’s Mindset

Develop discipline, emotional awareness and a more consistent trading process:

1. Trading Mindset: Why Trading Exposes Who You Really Are
2. Consistency in Trading: Why Discipline Beats Intelligence
3. Overtrading: Why More Trades Do Not Mean More Profits
4. Trading Wick Outs: How to Handle Fake Outs and Market Losses
5. Trading Psychology: The Truth About Trading Success
6. Deliberate Practice in Trading: Why Intentional Practice Beats More Screen Time
7. Trading Psychology: Why Most Traders Struggle with Consistency—and How to Fix It
8. The Three Pillars of Profitable Trading: Risk Management, Strategy and Psychology
9. The Mental Game of Trading: Overcoming Hesitation and Executing with Confidence
10. Emotional Neutrality in Trading: Building Consistency and Discipline
11. How to Become an Anti-Fragile Trader: Turn Losses, Drawdowns and Pressure into Strength
12. Building an Anti-Fragile Trading Mindset: Build Discipline and Manage Risk

Professional Trader’s Mindset Masterclass

Explore the psychological habits behind a disciplined trading approach:

1. Trading Psychology: What Sets the Profitable Trader’s Mindset Apart
2. The Professional Trader’s Mindset: 6 Psychological Traits Every Consistently Profitable Trader Needs

_____________________________________________________________________________________

Beginner Trading Roadmap

Not sure where to begin? Here’s a simple roadmap to guide you:

1. Common beginner Traders Mistakes → avoid overtrading, revenge trading, and chasing the market.
2. Master Traders Psychology → build discipline, patience, and emotional control
3. Mastering Risk Management → learn how to have a sustainable trading.
4. Master Simple Technical strategies & Indicators → especially price action, key levels, and market structure.
5. Applying to Real Market → forex, crypto and indices.

By building step by step; from basics → real trading → mastering the craft, you’ll gain clarity, confidence, and steady progress without ever feeling overwhelmed.

_____________________________________________________________________________________

Follow for More Market Analysis

Follow Ruffy Grant B. Capacio for Gold analysis, Forex trading ideas, price action education, trading psychology, and market insights: LinkedIn

ACY Securities: Join the Discord Server

Disclaimer:

Trading Forex, Gold, CFDs, cryptocurrencies, commodities, indices, and other leveraged financial instruments involves a high degree of risk and may not be suitable for all investors or traders. Market conditions can change rapidly, and leveraged trading can result in losses that occur quickly.

Before trading, carefully consider your investment objectives, level of experience, and risk tolerance. Only trade with capital you can afford to lose and seek independent financial or professional advice where appropriate.

All market analysis, price forecasts, technical commentary, trading scenarios, educational materials, and opinions presented in this content are provided solely for general informational and educational purposes. They do not constitute financial advice, investment advice, a recommendation, solicitation, or an offer to buy or sell any financial instrument.

Past performance and historical price movements are not reliable indicators of future results. Any price levels, targets, scenarios, or market outlooks discussed should be viewed as analysis rather than guarantees of future market performance. September 14, 2026