EUR/AUD – 30M – BUYThe combination Euro/Australian Dollar (EUR/AUD) breaks through the descending trendline up.
A bullish ascent upwards to the next resistance at 1.68018 is certain.
Caution: A possible counter-trend in the direction of support at could happen.
Consider stop-loss settings accordingly.
Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.68309 |
| 2nd High | 1.68105 |
| Next High | 1.68018 |
| Current Price | 1.67983 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.68018 – 1.67706 – 1.68105 – 1.6735 – 1.67418 – 1.67181 —
1.67499 – 1.67849 —
44.98853774856 – 61.608235752635 —
– —
1.68018 – 1771306200
Trading Signals: FOREX – EUR – EUR/AUD – AUD – – Symmetrical Triangle Chart Pattern – – – – – – – –