EUR/AUD – 30M – BUYThe currency pair breaks through the descending trendline up.
A bullish movement up to the next resistance at 1.64295 is considered certain.
Caution: A possible reversal of the trend in the direction of support at 1.63732 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.64756 |
| 2nd High | 1.64597 |
| Next High | 1.64295 |
| Current Price | 1.63949 |
| Next Low | 1.63732 |
| 2nd Low | 1.63567 |
| 3rd Low | 1.63165 |