EUR/AUD – 30M – BUYThe pair Euro/Australian Dollar (EUR/AUD) breaks through the bearish trendline up.
A bullish ascent up to the next resistance line at 1.69447 is considered certain.
Caution: A possible change in the direction of the support line at 1.68418 is within the realm of possibility.
Consider stop-loss settings accordingly.
Moreover a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which could be a positive chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.72337 |
| 2nd High | 1.71465 |
| Next High | 1.69447 |
| Current Price | 1.69472 |
| Next Low | 1.68418 |
| 2nd Low | 1.67963 |
| 3rd Low | 1.67613 |
1.69447 – 1.69206 – 1.68525 – 1.68418 – 1.67963 – 1.67982 —
1.69370 – 1.69390 —
56.332520394689 – 61.491119651 —
– —
1.69447 – 1770264000
Trading Signals: FOREX – EUR – EUR/AUD – AUD – – Rising Wedge Chart Pattern – – – – – – – –