EUR/AUD – 30M – BUYBesides a ‘Double top retreat up’ chart layout is discovered. The chart shows ‘Double top retreat up’. which is a bullish pattern signal. The currency pair is likely to go up.
The currency pair Euro/Australian Dollar (EUR/AUD) breaks through the descending trendline upwards
A bullish ascent up to the next resistance level at 1.74378 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 1.73814 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.74544 |
| 2nd High | 1.74441 |
| Next High | 1.74378 |
| Current Price | 1.73829 |
| Next Low | 1.73814 |
| 2nd Low | 1.7359 |
| 3rd Low | 1.73325 |
1.74378 – 1.74441 – 1.74544 – 1.73814 – 1.73878 – 1.73868 —
1.74194 – 1.73833 —
48.502619573196 – 33.887883125238 —
– —
1.74378 – 1768215600
Trading Signals: FOREX – EUR – EUR/AUD – AUD – – Double top retreat up – – – – – – – –