EUR/AUD – 1H – BUYThe pair Euro/Australian Dollar (EUR/AUD) breaks through the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance level at 1.79358 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 1.77411 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which is often a bullish chart signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.79759 |
| 2nd High | 1.7967 |
| Next High | 1.79358 |
| Current Price | 1.79014 |
| Next Low | 1.77411 |
| 2nd Low | 1.77303 |
| 3rd Low | 1.76852 |
1.78669 – 1.7884 – 1.79358 – 1.77411 – 1.77703 – 1.77628 —
1.79101 – 1.78930 —
61.656128872833 – 61.901331633115 —
– —
1.78669 – 1763578800