The combination Euro/Australian Dollar (EUR/AUD) breaks through the bullish trendline up.
A continuation of the upward movement upwards to the next resistance line at 1.76103 is likely expected.
Caution: A possible counter-trend in the direction of the support line at 1.75444 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.76352 |
2nd High | 1.76272 |
Next High | 1.76103 |
Current Price | 1.76330 |
Next Low | 1.75444 |
2nd Low | 1.74745 |
3rd Low | 1.74636 |
1.76103 – 1.76272 – 1.75229 – 1.75444 – 1.75509 – 1.74745
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Northern Doji