EUR/AUD – 1H – BUY

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

An ascending movement up to the next resistance level at 1.65077 will continue.

Caution: A possible trend reversal in the direction of the support zone at should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The currency pair could go up.

Moreover a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive signal. The currency pair could go up.

Moreover a ‘MACD crosses above signal’ indicator layout is detected. The indicator shows ‘MACD crosses above signal’. which could be a positive signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Target of the current trend is 1.6493738 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance zone at 1.65077 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

1.65077 – 1.64828 – 1.64848 – 1.6433 – 1.64383 – 1.64567 —
1.64794 – 1.64828 —
51.255478437263 – 48.449107017551 —
– —
1.65077 – 1783512000

Trading Signals: FOREX – EUR – EUR/AUD – AUD – – – – – – – – – –