The combination Euro/Australian Dollar (EUR/AUD) breaks through the bearish trendline up.
A bullish movement upwards to the next resistance line at 1.75507 will continue.
Caution: A possible counter-trend in the direction of the support line at 1.74974 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.76091 |
| 2nd High | 1.75567 |
| Next High | 1.75507 |
| Current Price | 1.75440 |
| Next Low | 1.74974 |
| 2nd Low | 1.74614 |
| 3rd Low | 1.73887 |
1.75507 – 1.75364 – 1.75441 – 1.74974 – 1.74614 – 1.74916
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Northern Doji