EUR/AUD – 1H – BUYThe pair Euro/Australian Dollar (EUR/AUD) breaks through the bearish trendline upwards
A bullish movement up to the next resistance line at 1.78759 is certain.
Caution: A possible reversal of the trend in the direction of the support zone at 1.77991 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.79759 |
| 2nd High | 1.78991 |
| Next High | 1.78759 |
| Current Price | 1.78981 |
| Next Low | 1.77991 |
| 2nd Low | 1.77282 |
| 3rd Low | 1.7626 |
1.78759 – 1.78991 – 1.79759 – 1.77991 – 1.78522 – 1.78644 — 35.823736388664 – 61.749718877699 — 37.673196810774 – 45.202286475387 – 55.108581133364 – 48.364865469639
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Bullish Belt Hold – Double bottom chart pattern – –