EUR/AUD – 1H – BUYThe pair breaks through the ascending trendline up.
A continuation of the uptrend upwards to the next resistance at 1.63192 is likely expected.
Caution: A possible trend reversal in the direction of support at 1.61973 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.64295 |
| 2nd High | 1.63530 |
| Next High | 1.63192 |
| Current Price | 1.62996 |
| Next Low | 1.61973 |
| 2nd Low | 1.61867 |
| 3rd Low | 1.61096 |