The combination Euro/Australian Dollar (EUR/AUD) moves from the descending trendline up.
An ascent upwards to the next resistance at 1.62366 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 1.61829 is also possible.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.62998 |
2nd High | 1.62792 |
Next High | 1.62366 |
Current Price | 1.61962 |
Next Low | 1.61829 |
2nd Low | 1.61620 |
3rd Low | 1.61392 |