The currency pair Euro/Australian Dollar (EUR/AUD) breaks through the descending trendline upwards
A bullish movement upwards to the next resistance at 1.79898 will continue.
Caution: A possible reversal of the trend in the direction of support at 1.79154 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.79981 |
| 2nd High | 1.79913 |
| Next High | 1.79898 |
| Current Price | 1.79729 |
| Next Low | 1.79154 |
| 2nd Low | 1.78331 |
| 3rd Low | 1.78112 |
1.79576 – 1.79498 – 1.79898 – 1.79154 – 1.78331 – 1.78748 — 63.778138219919 – 69.567463508239 — 78.05222610141 – 85.58686558601 – 63.205025153079 – 76.135184433875
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Northern Doji – Double bottom chart pattern – –