The pair Euro/Australian Dollar (EUR/AUD) breaks through the descending trendline upwards
A bullish ascent up to the next resistance at 1.68838 will persist.
Caution: A possible counter-trend in the direction of the support line at 1.67613 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.72337 |
| 2nd High | 1.71465 |
| Next High | 1.68838 |
| Current Price | 1.68357 |
| Next Low | 1.67613 |
| 2nd Low | 1.67172 |
| 3rd Low | 1.67079 |
1.68838 – 1.71465 – 1.7108 – 1.67613 – 1.69449 – 1.69413 —
1.68590 – 1.68375 —
51.771142857505 – 44.257368190534 —
– —
1.68838 – 1770138000
Trading Signals: FOREX – EUR – EUR/AUD – AUD – – – – – – – – – –