EUR/AUD – 30M – BUYThe pair Euro/Australian Dollar (EUR/AUD) breaks through the bearish trendline up.
A bullish ascent upwards to the next resistance at 1.62364 is considered certain.
Caution: A possible counter-trend in the direction of the support zone at 1.62006 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.62998 |
| 2nd High | 1.62792 |
| Next High | 1.62364 |
| Current Price | 1.62071 |
| Next Low | 1.62006 |
| 2nd Low | 1.61911 |
| 3rd Low | 1.61829 |