Buy EUR/AUD – 1H – BUY

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:

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