EUR/AUD – 1H – BUYThe currency pair breaks through the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance level at 1.63513 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 1.62933 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.64295 |
| 2nd High | 1.63530 |
| Next High | 1.63513 |
| Current Price | 1.63791 |
| Next Low | 1.62933 |
| 2nd Low | 1.61849 |
| 3rd Low | 1.61392 |