EUR/AUD – 30M – BUYThe currency pair Euro/Australian Dollar (EUR/AUD) breaks through the descending trendline up.
The bullish trend up to the next resistance line at 1.62502 is expected.
Caution: A possible trend reversal in the direction of support at 1.62207 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.63070 |
| 2nd High | 1.62743 |
| Next High | 1.62502 |
| Current Price | 1.62242 |
| Next Low | 1.62207 |
| 2nd Low | 1.61995 |
| 3rd Low | 1.61689 |