EURAUD has demonstrated notable demand around the 4-hour Order Block (OB). Simultaneously, a ChoCh has been identified on a lower timeframe amidst the prevailing bearish order flow. Capitalizing on this observation, we've identified the responsible OB along with a Former Value Gap (FVG), signaling a potential opportunity for a long entry. The target is set towards the most recent swing high, offering a favorable Risk-Reward (R:R) ratio.
