EUR/AUD – 4H – BUYThe pair Euro/Australian Dollar (EUR/AUD) breaks through the descending trendline upwards
A bullish ascent up to the next resistance level at 1.62761 is likely expected.
Caution: A possible change in the direction of the support line at could happen.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.63816 |
| 2nd High | 1.63327 |
| Next High | 1.62761 |
| Current Price | 1.63519 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.62761 – 1.63327 – 1.63816 – 1.61894 – 1.62004 – 1.62044 —
1.63392 – 1.63761 —
61.617149032316 – 58.115459224098 —
– —
1.62761 – 1780329600
Trading Signals: FOREX – EUR – EUR/AUD – AUD – – – – – – – – – –