EUR/AUD – 30M – BUYThe currency pair breaks through the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance level at 1.63208 will continue.
Caution: A possible trend reversal in the direction of the support level at 1.61096 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Current target is 1.62642 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of resistance at 1.63208 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.64597 |
| 2nd High | 1.64295 |
| Next High | 1.63208 |
| Current Price | 1.63102 |
| Next Low | 1.61096 |
| 2nd Low | 1.61029 |
| 3rd Low | 1.60989 |