The pair Euro/Australian Dollar (EUR/AUD) breaks through the descending trendline upwards
A bullish trend up to the next resistance at 1.64612 will continue.
Caution: A possible trend reversal in the direction of the support level at 1.64063 should be noted.
Consider stop-loss settings accordingly.
Moreover a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.65137 |
| 2nd High | 1.64685 |
| Next High | 1.64612 |
| Current Price | 1.64386 |
| Next Low | 1.64063 |
| 2nd Low | 1.62897 |
| 3rd Low | 1.62571 |
1.64612 – 1.64599 – 1.64373 – 1.64063 – 1.64094 – 1.65149 —
1.64391 – 1.64335 —
41.216566201532 – 38.475272896212 —
– —
1.64612 – 1776394800
Trading Signals: FOREX – EUR – EUR/AUD – AUD – – – – – – – – – –