EUR/AUD – 1H – BUYThe currency pair breaks through the descending trendline upwards
An ascent upwards to the next resistance line at 1.62771 will persist.
Caution: A possible trend reversal in the direction of the support level at 1.61973 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.63192 |
| 2nd High | 1.62907 |
| Next High | 1.62771 |
| Current Price | 1.62632 |
| Next Low | 1.61973 |
| 2nd Low | 1.61867 |
| 3rd Low | 1.61096 |