EUR/AUD – 30M – BUYThe combination Euro/Australian Dollar (EUR/AUD) breaks through the ascending trendline upwards
A continuation of the uptrend up to the next resistance level at 1.75642 is likely expected.
Caution: A possible trend reversal in the direction of the support line at 1.75118 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.76134 |
| 2nd High | 1.76091 |
| Next High | 1.75642 |
| Current Price | 1.76243 |
| Next Low | 1.75118 |
| 2nd Low | 1.74973 |
| 3rd Low | 1.74614 |
1.75642 – 1.75507 – 1.75364 – 1.75118 – 1.74973 – 1.74974
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Northern Doji