EUR/AUD – 30M – BUYThe combination breaks through the bearish trendline up.
A bullish trend up to the next resistance line at 1.61754 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at 1.60864 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.63208 |
| 2nd High | 1.62507 |
| Next High | 1.61754 |
| Current Price | 1.61774 |
| Next Low | 1.60864 |
| 2nd Low | 1.60642 |
| 3rd Low | 1.60535 |