EUR/AUD – 30M – BUYThe currency pair Euro/Australian Dollar (EUR/AUD) breaks through the bullish trendline up.
A continuation of the upward movement upwards to the next resistance level at 1.64317 is likely expected.
Caution: A possible counter-trend in the direction of the support level at 1.63342 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.65282 |
| 2nd High | 1.64969 |
| Next High | 1.64317 |
| Current Price | 1.64043 |
| Next Low | 1.63342 |
| 2nd Low | 1.63237 |
| 3rd Low | 1.61957 |