Buy EUR/AUD – 30M – BUY

The combination Euro/Australian Dollar (EUR/AUD) moves from the ascending trendline up.

A continuation of the uptrend up to the next resistance at 1.6595 is expected.

Caution: A possible trend reversal in the direction of the support line at 1.64793 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Current target is 1.65793448 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance level at 1.6595 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 1.67194
2nd High 1.66273
Next High 1.6595
Current Price 1.65538
Next Low 1.64793
2nd Low 1.64523
3rd Low 1.64241

1.6595 – 1.65199 – 1.6593 – 1.64793 – 1.64523 – 1.64241 —
1.65367 – 1.65491 —
54.189554559817 – 58.263993946899 —
– —
1.6595 – 1772740800

Trading Signals:

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