The pair Euro/Australian Dollar (EUR/AUD) breaks through the descending trendline upwards
A bullish ascent up to the next resistance at 1.78759 is certain.
Caution: A possible reversal of the trend in the direction of the support zone at 1.78238 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.79759 |
| 2nd High | 1.78991 |
| Next High | 1.78759 |
| Current Price | 1.78753 |
| Next Low | 1.78238 |
| 2nd Low | 1.78112 |
| 3rd Low | 1.7809 |
1.78759 – 1.78991 – 1.78854 – 1.78238 – 1.78522 – 1.78648 — 52.040036119148 – 54.687896109037 — 11.611503270852 – 24.35472284163 – 11.835535364442 – 15.21359776513
Trading Signals: FOREX – EUR – EUR/AUD – AUD – – Double bottom retreat down – –