EUR/AUD – 30M – BUYThe pair goes from the descending trendline upwards
A bullish trend up to the next resistance at 1.61856 is considered certain.
Caution: A possible change in the direction of support at 1.60631 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.63208 |
| 2nd High | 1.62507 |
| Next High | 1.61856 |
| Current Price | 1.60857 |
| Next Low | 1.60631 |
| 2nd Low | 1.60535 |
| 3rd Low | 1.60476 |