EUR/AUD – 1H – BUYThe pair breaks through the ascending trendline up.
A continuation of the upward movement upwards to the next resistance line at 1.62834 will continue.
Caution: A possible change in the direction of the support zone at 1.61392 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.63530 |
| 2nd High | 1.63273 |
| Next High | 1.62834 |
| Current Price | 1.62998 |
| Next Low | 1.61392 |
| 2nd Low | 1.61336 |
| 3rd Low | 1.61096 |