The combination Euro/Australian Dollar (EUR/AUD) breaks through the descending trendline up.
An ascending movement up to the next resistance level at 1.76352 is certain.
Caution: A possible reversal of the trend in the direction of the support zone at 1.74636 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.80162 |
2nd High | 1.78876 |
Next High | 1.76352 |
Current Price | 1.75172 |
Next Low | 1.74636 |
2nd Low | 1.73885 |
3rd Low | 1.72472 |
1.76352 – 1.76294 – 1.78876 – 1.74636 – 1.73885 – 1.72472
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Northern Doji