EUR/AUD – 30M – BUYThe currency pair Euro/Australian Dollar (EUR/AUD) breaks through the bearish trendline up.
A bullish trend up to the next resistance at 1.63109 is certain.
Caution: A possible trend reversal in the direction of the support level at 1.62383 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.63576 |
| 2nd High | 1.63543 |
| Next High | 1.63109 |
| Current Price | 1.62925 |
| Next Low | 1.62383 |
| 2nd Low | 1.62029 |
| 3rd Low | 1.61911 |