The pair Euro/Australian Dollar (EUR/AUD) breaks through the ascending trendline up.
A continuation of the upward movement up to the next resistance at 1.75642 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 1.74973 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.76134 |
| 2nd High | 1.76091 |
| Next High | 1.75642 |
| Current Price | 1.75705 |
| Next Low | 1.74973 |
| 2nd Low | 1.74614 |
| 3rd Low | 1.73887 |
1.75642 – 1.75507 – 1.75364 – 1.74973 – 1.74974 – 1.74614
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Northern Doji