EUR/AUD – 30M – BUYThe combination moves from the bullish trendline up.
A continuation of the uptrend upwards to the next resistance level at 1.65658 is expected.
Caution: A possible trend reversal in the direction of the support line at 1.65229 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
The chart formed a ‘Three White Soldiers’ candlestick pattern, which means 3 higher candles in a row.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.66172 |
| 2nd High | 1.65998 |
| Next High | 1.65658 |
| Current Price | 1.65578 |
| Next Low | 1.65229 |
| 2nd Low | 1.64176 |
| 3rd Low | 1.63261 |