EUR/AUD – 1H – BUYThe pair breaks through the bearish trendline upwards
The bullish trend up to the next resistance level at 1.61131 is expected.
Caution: A possible reversal of the trend in the direction of the support line at 1.60040 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.62507 |
| 2nd High | 1.61856 |
| Next High | 1.61131 |
| Current Price | 1.60736 |
| Next Low | 1.60040 |
| 2nd Low | |
| 3rd Low |