The EUR/AUD D1 chart has formed an ascending channel. And the price has touched the bottom of the channel, and can do more at the low level. The RVI indicator forms a golden cross and is above the 0 axis.
There is a very strong support level below the H1 chart, and the price has tried several times to break through the lower support level but failed. At present, if you are looking for insurance, you can choose to wait for the price to break out of the falling wedge to form a trend reversal signal and enter the market.
All transactions involve risks, the above analysis is for reference only. When placing an order, be sure to set the lot size and remember to set the stop loss.