EUR/AUD – 30M – BUYThe combination breaks through the bullish trendline upwards
A continuation of the bullish trend up to the next resistance level at 1.64854 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 1.64176 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
The chart formed a ‘Three White Soldiers’ candlestick pattern, which means 3 higher candles in a row.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.65230 |
| 2nd High | 1.64996 |
| Next High | 1.64854 |
| Current Price | 1.65814 |
| Next Low | 1.64176 |
| 2nd Low | 1.63261 |
| 3rd Low | 1.62933 |