EUR/AUD – 30M – BUYThe currency pair Euro/Australian Dollar (EUR/AUD) breaks through the descending trendline up.
An ascending movement upwards to the next resistance at 1.75507 is expected.
Caution: A possible trend reversal in the direction of the support line at 1.74614 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.76091 |
| 2nd High | 1.75567 |
| Next High | 1.75507 |
| Current Price | 1.75426 |
| Next Low | 1.74614 |
| 2nd Low | 1.73887 |
| 3rd Low | 1.73885 |
1.75507 – 1.75364 – 1.75441 – 1.74614 – 1.74916 – 1.74921