The combination Euro/Australian Dollar (EUR/AUD) breaks through the descending trendline upwards
A bullish movement up to the next resistance line at 1.75507 will persist.
Caution: A possible counter-trend in the direction of support at 1.74614 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.76396 |
| 2nd High | 1.76134 |
| Next High | 1.75507 |
| Current Price | 1.75507 |
| Next Low | 1.74614 |
| 2nd Low | 1.73885 |
| 3rd Low | 1.73391 |
1.75507 – 1.76134 – 1.76049 – 1.74614 – 1.74916 – 1.75226
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Northern Doji