Buy EUR/AUD – 30M – BUY

The pair Euro/Australian Dollar (EUR/AUD) breaks through the descending trendline upwards

The bullish trend up to the next resistance at 1.75441 is likely expected.

Caution: A possible reversal of the trend in the direction of support at 1.74916 could happen.
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 1.75441
Current Price 1.75260
Next Low 1.74916
2nd Low 1.74794
3rd Low 1.74733

1.75441 – 1.75567 – 1.76091 – 1.74916 – 1.74921 – 1.75379

Trading Signals:

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