EUR/AUD – 30M – BUYThe combination breaks through the bearish trendline upwards
A bullish movement up to the next resistance at 1.65328 is likely expected.
Caution: A possible counter-trend in the direction of the support line at 1.64445 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
The chart formed a ‘Three White Soldiers’ candlestick pattern, which means 3 higher candles in a row.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.65998 |
| 2nd High | 1.65839 |
| Next High | 1.65328 |
| Current Price | 1.65368 |
| Next Low | 1.64445 |
| 2nd Low | 1.64176 |
| 3rd Low | 1.63261 |