Buy EUR/AUD – 1H – BUY

The currency pair Euro/Australian Dollar (EUR/AUD) breaks through the descending trendline up.

A bullish trend up to the next resistance line at 1.63576 will persist.

Caution: A possible change in the direction of the support level at 1.6305 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart signal. The currency pair is likely to rise.

Support & Resistance Price Range*
3rd High 1.64628
2nd High 1.64535
Next High 1.63576
Current Price 1.63565
Next Low 1.6305
2nd Low 1.63038
3rd Low 1.62892

1.63576 – 1.64535 – 1.64361 – 1.6305 – 1.63813 – 1.6372 —
1.63221 – 1.63537 —
35.015870143771 – 54.062454129458 —
– —
1.63576 – 1781852400

Trading Signals:

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