Buy EUR/AUD – 30M – BUY

The currency pair Euro/Australian Dollar (EUR/AUD) goes from the bullish trendline downwards

The bearish trend down to the next support line at 1.62756 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 1.63528 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 1.63528 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 1.63528 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 1.63576
2nd High 1.63543
Next High 1.63528
Current Price 1.63385
Next Low 1.62756
2nd Low 1.62621
3rd Low 1.62549

Download EUR/AUD Signal Image

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