EUR/AUD – 30M – BUYThe pair Euro/Australian Dollar (EUR/AUD) breaks through the bullish trendline upwards
A continuation of the upward movement up to the next resistance level at 1.65496 will continue.
Caution: A possible trend reversal in the direction of the support level at 1.64864 is within the realm of possibility.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Current target is 1.65496 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance level at 1.65496 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.65839 |
| 2nd High | 1.65767 |
| Next High | 1.65496 |
| Current Price | 1.65455 |
| Next Low | 1.64864 |
| 2nd Low | 1.64843 |
| 3rd Low | 1.64748 |