EUR/AUD – 1H – BUYThe pair Euro/Australian Dollar (EUR/AUD) jumps from the bullish trendline up.
A continuation of the upward movement up to the next resistance level at 1.76222 will persist.
Caution: A possible reversal of the trend in the direction of support at 1.75291 could occur.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. this is usually a bullish signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.78820 |
| 2nd High | 1.77520 |
| Next High | 1.76222 |
| Current Price | 1.76039 |
| Next Low | 1.75291 |
| 2nd Low | 1.73858 |
| 3rd Low | 1.71120 |
1.76222 – 1.75754 – 1.77520 – 1.75291 – 1.73858 – 1.74624