EUR/AUD – 1H – BUYThe pair jumps from the descending trendline upwards
An ascent upwards to the next resistance line at 1.64756 is likely expected.
Caution: A possible counter-trend in the direction of the support level at 1.64142 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.65352 |
| 2nd High | 1.64996 |
| Next High | 1.64756 |
| Current Price | 1.64558 |
| Next Low | 1.64142 |
| 2nd Low | 1.62899 |
| 3rd Low | 1.62662 |