EUR/AUD – 30M – BUYThe currency pair breaks through the bearish trendline upwards
An ascending movement upwards to the next resistance at 1.61811 will continue.
Caution: A possible trend reversal in the direction of the support line at 1.61336 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.63040 |
| 2nd High | 1.62649 |
| Next High | 1.61811 |
| Current Price | 1.61621 |
| Next Low | 1.61336 |
| 2nd Low | 1.61096 |
| 3rd Low | 1.61029 |