EUR/AUD – 1H – BUYThe currency pair moves from the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance line at 1.65352 is likely expected.
Caution: A possible counter-trend in the direction of the support level at 1.64522 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.66172 |
| 2nd High | 1.65644 |
| Next High | 1.65352 |
| Current Price | 1.64786 |
| Next Low | 1.64522 |
| 2nd Low | 1.64452 |
| 3rd Low | 1.64142 |