EUR/AUD – 30M – BUYThe currency pair breaks through the descending trendline up.
A bullish movement up to the next resistance at 1.61088 is expected.
Caution: A possible counter-trend in the direction of support at 1.60631 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.61856 |
| 2nd High | 1.61136 |
| Next High | 1.61088 |
| Current Price | 1.60756 |
| Next Low | 1.60631 |
| 2nd Low | 1.60535 |
| 3rd Low | 1.60476 |