Buy EUR/AUD – 30M – BUY

The pair Euro/Australian Dollar (EUR/AUD) breaks through the bearish trendline upwards

An ascending movement upwards to the next resistance at 1.63348 is certain.

Caution: A possible counter-trend in the direction of support at 1.63002 could happen.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive signal. The currency pair is likely to rise.

In addition a ‘RSI Hidden Bullish Divergence’ indicator signal is discovered. The indicator is ‘RSI Hidden Bullish Divergence’. which could be a positive signal. The currency pair is likely to rise.

In addition a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which is often a bullish signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Target of the current trend is 1.63653448 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance line at 1.63348 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Support & Resistance Price Range*
3rd High 1.64243
2nd High 1.64015
Next High 1.63348
Current Price 1.63469
Next Low 1.63002
2nd Low 1.62483
3rd Low 1.61997

1.63348 – 1.63135 – 1.63347 – 1.63002 – 1.62483 – 1.62796 —
1.63250 – 1.63341 —
63.026384705832 – 52.643197206859 —
– —
1.63348 – 1777921200

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