EUR/AUD – 4H – BUYThe combination Euro/Australian Dollar (EUR/AUD) breaks through the descending trendline upwards
The bullish trend upwards to the next resistance level at 1.76134 is considered certain.
Caution: A possible change in the direction of the support zone at 1.74733 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.78876 |
| 2nd High | 1.77072 |
| Next High | 1.76134 |
| Current Price | 1.75329 |
| Next Low | 1.74733 |
| 2nd Low | 1.74636 |
| 3rd Low | 1.73885 |
1.76134 – 1.77072 – 1.76988 – 1.74733 – 1.74636 – 1.73885
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Bullish Belt Hold