EUR/AUD – 30M – BUYThe pair moves from the ascending trendline upwards
A continuation of the upward movement up to the next resistance at 1.63129 is expected.
Caution: A possible counter-trend in the direction of the support line at 1.61976 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.64597 |
| 2nd High | 1.64295 |
| Next High | 1.63129 |
| Current Price | 1.62748 |
| Next Low | 1.61976 |
| 2nd Low | 1.61854 |
| 3rd Low | 1.61726 |