EUR/AUD – 1H – BUYThe pair breaks through the descending trendline upwards
An ascent up to the next resistance line at 1.64295 is likely expected.
Caution: A possible reversal of the trend in the direction of the support zone at 1.62662 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.64756 |
| 2nd High | 1.64597 |
| Next High | 1.64295 |
| Current Price | 1.62637 |
| Next Low | 1.62662 |
| 2nd Low | 1.62566 |
| 3rd Low | 1.62557 |