EUR/AUD – 1H – BUYThe pair breaks through the ascending trendline up.
A continuation of the upward movement upwards to the next resistance line at 1.61856 is considered certain.
Caution: A possible change in the direction of the support level at 1.61096 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.63208 |
| 2nd High | 1.62507 |
| Next High | 1.61856 |
| Current Price | 1.62257 |
| Next Low | 1.61096 |
| 2nd Low | 1.60989 |
| 3rd Low | 1.60040 |