EUR/AUD – 1H – BUYThe combination Euro/Australian Dollar (EUR/AUD) breaks through the descending trendline upwards
The bullish trend up to the next resistance line at 1.79394 is considered certain.
Caution: A possible reversal of the trend in the direction of the support line at 1.77609 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.84480 |
| 2nd High | 1.79429 |
| Next High | 1.79394 |
| Current Price | 1.79602 |
| Next Low | 1.77609 |
| 2nd Low | 1.77156 |
| 3rd Low | 1.76975 |
1.79394 – 1.79429 – 1.84480 – 1.77609 – 1.77807 – 1.77156