The pair Euro/Australian Dollar (EUR/AUD) breaks through the descending trendline up.
An ascending movement upwards to the next resistance line at 1.75364 is certain.
Caution: A possible counter-trend in the direction of the support level at 1.74916 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.75567 |
| 2nd High | 1.75441 |
| Next High | 1.75364 |
| Current Price | 1.75365 |
| Next Low | 1.74916 |
| 2nd Low | 1.74794 |
| 3rd Low | 1.74733 |
1.75364 – 1.75441 – 1.75567 – 1.74916 – 1.74921 – 1.75379
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Northern Doji