EUR/AUD – 1H – BUYThe currency pair jumps from the ascending trendline up.
A continuation of the upward movement upwards to the next resistance at 1.65394 is certain.
Caution: A possible change in the direction of the support line at 1.64568 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.66302 |
| 2nd High | 1.66172 |
| Next High | 1.65394 |
| Current Price | 1.64857 |
| Next Low | 1.64568 |
| 2nd Low | 1.64452 |
| 3rd Low | 1.64142 |