The pair Euro/Australian Dollar (EUR/AUD) breaks through the descending trendline up.
An ascent up to the next resistance at 1.64243 is considered certain.
Caution: A possible trend reversal in the direction of the support level at 1.6298 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which could be a positive chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.64803 |
| 2nd High | 1.64581 |
| Next High | 1.64243 |
| Current Price | 1.63084 |
| Next Low | 1.6298 |
| 2nd Low | 1.62891 |
| 3rd Low | 1.62571 |
1.64243 – 1.63406 – 1.64182 – 1.6298 – 1.62891 – 1.63459 —
1.62952 – 1.63093 —
26.096483038769 – 41.407952906949 —
– —
1.64243 – 1777496400
Trading Signals: FOREX – EUR – EUR/AUD – AUD – – – – – – – – – –