The combination Euro/Australian Dollar (EUR/AUD) breaks through the bearish trendline upwards
A bullish trend upwards to the next resistance line at 1.67586 is certain.
Caution: A possible trend reversal in the direction of support at 1.6635 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.68486 |
| 2nd High | 1.67822 |
| Next High | 1.67586 |
| Current Price | 1.67685 |
| Next Low | 1.6635 |
| 2nd Low | 1.66229 |
| 3rd Low | 1.65996 |
1.67586 – 1.67024 – 1.67822 – 1.6635 – 1.66229 – 1.66338 —
1.67614 – 1.67544 —
63.852049946868 – 55.433623843458 —
– —
1.67586 – 1770926400
Trading Signals: FOREX – EUR – EUR/AUD – AUD – – – – – – – – – –