EUR/AUD – 30M – BUYThe combination breaks through the bearish trendline upwards
A bullish movement upwards to the next resistance at 1.64295 is expected.
Caution: A possible reversal of the trend in the direction of the support line at 1.61976 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.64756 |
| 2nd High | 1.64597 |
| Next High | 1.64295 |
| Current Price | 1.62848 |
| Next Low | 1.61976 |
| 2nd Low | 1.61854 |
| 3rd Low | 1.61726 |