EUR/AUD – 30M – BUYThe currency pair moves from the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance at 1.61524 is certain.
Caution: A possible change in the direction of the support line at 1.61029 could happen.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Current target is 1.61524 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance level at 1.61524 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.62507 |
| 2nd High | 1.61856 |
| Next High | 1.61524 |
| Current Price | 1.61460 |
| Next Low | 1.61029 |
| 2nd Low | 1.60989 |
| 3rd Low | 1.60864 |