EUR/AUD – 1H – BUYThe currency pair jumps from the ascending trendline upwards
A continuation of the bullish trend up to the next resistance at 1.61388 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at 1.60989 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.62507 |
| 2nd High | 1.61856 |
| Next High | 1.61388 |
| Current Price | 1.61360 |
| Next Low | 1.60989 |
| 2nd Low | 1.60040 |
| 3rd Low |