EUR/AUD – 1H – BUYThe currency pair moves from the descending trendline upwards
A bullish ascent up to the next resistance level at 1.63208 will persist.
Caution: A possible reversal of the trend in the direction of support at 1.61726 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.64597 |
| 2nd High | 1.64295 |
| Next High | 1.63208 |
| Current Price | 1.62020 |
| Next Low | 1.61726 |
| 2nd Low | 1.60642 |
| 3rd Low | 1.60476 |