EUR/AUD – 30M – BUYThe combination breaks through the ascending trendline up.
A continuation of the uptrend up to the next resistance at 1.61524 is expected.
Caution: A possible reversal of the trend in the direction of the support line at 1.61096 is also possible.
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 | 1.61524 |
| Current Price | 1.62257 |
| Next Low | 1.61096 |
| 2nd Low | 1.61029 |
| 3rd Low | 1.60989 |