Buy EUR/AUD – 1H – BUY

The combination Euro/Australian Dollar (EUR/AUD) breaks through the ascending trendline up.

A continuation of the bullish trend upwards to the next resistance at 1.76867 is likely expected.

Caution: A possible reversal of the trend in the direction of the support level at 1.74733 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 1.78820
2nd High 1.77520
Next High 1.76867
Current Price 1.76565
Next Low 1.74733
2nd Low 1.74636
3rd Low 1.73885

1.76867 – 1.76371 – 1.76272 – 1.74733 – 1.75444 – 1.74636

Trading Signals:

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