EUR/AUD – 1H – BUYThe combination breaks through the descending trendline up.
The bullish trend up to the next resistance at 1.62562 is considered certain.
Caution: A possible trend reversal in the direction of the support level at 1.62029 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.63192 |
| 2nd High | 1.62907 |
| Next High | 1.62562 |
| Current Price | 1.62136 |
| Next Low | 1.62029 |
| 2nd Low | 1.61096 |
| 3rd Low | 1.60989 |