EUR/AUD – 30M – BUYThe currency pair breaks through the ascending trendline up.
A continuation of the upward movement up to the next resistance at 1.64854 is likely expected.
Caution: A possible counter-trend in the direction of the support zone at 1.63261 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.65230 |
| 2nd High | 1.64996 |
| Next High | 1.64854 |
| Current Price | 1.64776 |
| Next Low | 1.63261 |
| 2nd Low | 1.62933 |
| 3rd Low | 1.61849 |