EUR/AUD – 30M – BUYThe combination Euro/Australian Dollar (EUR/AUD) breaks through the descending trendline up.
An ascending movement upwards to the next resistance at 1.75642 is expected.
Caution: A possible change in the direction of the support zone at 1.74973 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.76134 |
| 2nd High | 1.76091 |
| Next High | 1.75642 |
| Current Price | 1.75460 |
| 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