EUR/AUD – 1H – BUYThe currency pair Euro/Australian Dollar (EUR/AUD) breaks through the descending trendline up.
A bullish movement up to the next resistance line at 1.65767 will persist.
Caution: A possible counter-trend in the direction of the support level at 1.63613 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.65998 |
| 2nd High | 1.65839 |
| Next High | 1.65767 |
| Current Price | 1.65191 |
| Next Low | 1.63613 |
| 2nd Low | 1.63504 |
| 3rd Low | 1.63342 |