EUR/AUD – 1H – BUYThe combination Euro/Australian Dollar (EUR/AUD) breaks through the bearish trendline up.
A bullish movement upwards to the next resistance level at 1.76134 is likely expected.
Caution: A possible reversal of the trend in the direction of support at 1.74973 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.77072 |
| 2nd High | 1.76396 |
| Next High | 1.76134 |
| Current Price | 1.75958 |
| Next Low | 1.74973 |
| 2nd Low | 1.74614 |
| 3rd Low | 1.73885 |
1.75507 – 1.76134 – 1.76049 – 1.74973 – 1.74614 – 1.74916
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Bullish Belt Hold