EUR/AUD – 1H – BUYThe combination breaks through the bullish trendline upwards
A continuation of the bullish trend up to the next resistance level at 1.63513 is expected.
Caution: A possible trend reversal in the direction of the support level at 1.62933 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.64295 |
| 2nd High | 1.63530 |
| Next High | 1.63513 |
| Current Price | 1.63727 |
| Next Low | 1.62933 |
| 2nd Low | 1.61849 |
| 3rd Low | 1.61392 |