The pair Euro/Australian Dollar (EUR/AUD) moves from the bullish trendline up.
A continuation of the bullish trend up to the next resistance line at 1.78984 is considered certain.
Caution: A possible trend reversal in the direction of support at 1.77628 could happen.
Consider stop-loss settings accordingly.
There is also a ‘%K cross above 20’ indicator layout is discovered. The indicator is ‘%K cross above 20’. this is usually a bullish signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.79759 |
| 2nd High | 1.7967 |
| Next High | 1.78984 |
| Current Price | 1.78272 |
| Next Low | 1.77628 |
| 2nd Low | 1.77303 |
| 3rd Low | 1.76852 |
1.78691 – 1.77406 – 1.7784 – 1.77628 – 1.77303 – 1.76852 —
1.78966 – 1.78460 —
66.782451030146 – 43.682262506661 —
– —
1.78691 – 1763128800
Trading Signals: FOREX – EUR – EUR/AUD – AUD – – Double bottom retreat down – – – –