EUR/AUD – 30M – BUYThe combination breaks through the descending trendline up.
A bullish movement upwards to the next resistance level at 1.62771 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 1.61973 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.62974 |
| 2nd High | 1.62907 |
| Next High | 1.62771 |
| Current Price | 1.62468 |
| Next Low | 1.61973 |
| 2nd Low | 1.61867 |
| 3rd Low | 1.61096 |