EUR/AUD – 1H – BUYThe currency pair goes from the descending trendline upwards
The bullish trend up to the next resistance level at 1.61856 will continue.
Caution: A possible change in the direction of the support level at 1.60230 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.63208 |
| 2nd High | 1.62507 |
| Next High | 1.61856 |
| Current Price | 1.60786 |
| Next Low | 1.60230 |
| 2nd Low | |
| 3rd Low |