EUR/AUD – 30M – BUYThe currency pair breaks through the bearish trendline up.
A bullish ascent up to the next resistance line at 1.62907 is expected.
Caution: A possible change in the direction of the support level at 1.61096 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.63192 |
| 2nd High | 1.62974 |
| Next High | 1.62907 |
| Current Price | 1.62307 |
| Next Low | 1.61096 |
| 2nd Low | 1.61029 |
| 3rd Low | 1.60989 |