EUR/AUD – 30M – BUYThe pair breaks through the bearish trendline up.
A bullish movement up to the next resistance level at 1.60644 will continue.
Caution: A possible trend reversal in the direction of the support line at 1.60204 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.61131 |
| 2nd High | 1.60866 |
| Next High | 1.60644 |
| Current Price | 1.60725 |
| Next Low | 1.60204 |
| 2nd Low | 1.60040 |
| 3rd Low |