EUR/AUD – 30M – BUYThe pair Euro/Australian Dollar (EUR/AUD) breaks through the bearish trendline up.
A bullish ascent up to the next resistance at 1.63135 is certain.
Caution: A possible change in the direction of the support zone at could occur.
Consider stop-loss settings accordingly.
Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Current target is 1.63363 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of resistance at 1.63135 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.64015 |
| 2nd High | 1.63347 |
| Next High | 1.63135 |
| Current Price | 1.63053 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.63135 – 1.63347 – 1.64015 – 1.62483 – 1.62796 – 1.62982 —
1.62990 – 1.63037 —
56.312927206134 – 57.229207348496 —
– —
1.63135 – 1777899600
Trading Signals: FOREX – EUR – EUR/AUD – AUD – – Symmetrical Triangle Chart Pattern – – – – – – – –