EUR/AUD – 1H – BUYThe combination breaks through the descending trendline upwards
An ascent upwards to the next resistance line at 1.63129 will continue.
Caution: A possible trend reversal in the direction of support at 1.61976 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.64597 |
| 2nd High | 1.64295 |
| Next High | 1.63129 |
| Current Price | 1.63146 |
| Next Low | 1.61976 |
| 2nd Low | 1.61854 |
| 3rd Low | 1.61726 |