The pair Euro/Australian Dollar (EUR/AUD) breaks through the bearish trendline upwards
An ascent up to the next resistance level at 1.62802 is expected.
Caution: A possible change in the direction of the support zone at 1.61356 could happen.
Consider stop-loss settings accordingly.
And also a ‘MACD crosses below signal’ indicator signal is detected. The indicator is ‘MACD crosses below signal’. which could be a negative chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.64582 |
| 2nd High | 1.63166 |
| Next High | 1.62802 |
| Current Price | 1.62685 |
| Next Low | 1.61356 |
| 2nd Low | 1.61282 |
| 3rd Low |
1.62802 – 1.6235 – 1.61961 – 1.61356 – 1.61282 – 1.62683 —
1.62669 – 1.62693 —
65.660161817161 – 63.619905883564 —
– —
1.62802 – 1773338400
Trading Signals: FOREX – EUR – EUR/AUD – AUD – – – – – – – – – –