The currency pair Euro/Australian Dollar (EUR/AUD) breaks through the ascending trendline up.
A continuation of the bullish trend up to the next resistance at 1.65998 will persist.
Caution: A possible trend reversal in the direction of the support level at 1.63613 should be noted.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 1.65998 |
Current Price | 1.66492 |
Next Low | 1.63613 |
2nd Low | 1.63504 |
3rd Low | 1.61583 |