EUR/AUD – 1H – BUYThe combination breaks through the descending trendline upwards
An ascending movement up to the next resistance at 1.61388 is certain.
Caution: A possible counter-trend in the direction of support at 1.60040 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.62507 |
| 2nd High | 1.61856 |
| Next High | 1.61388 |
| Current Price | 1.61184 |
| Next Low | 1.60040 |
| 2nd Low | |
| 3rd Low |