The pair Euro/Australian Dollar (EUR/AUD) jumps from the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance line at 1.79926 will continue.
Caution: A possible change in the direction of the support line at 1.79409 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.79981 |
| 2nd High | 1.79967 |
| Next High | 1.79926 |
| Current Price | 1.79530 |
| Next Low | 1.79409 |
| 2nd Low | 1.79184 |
| 3rd Low | 1.79154 |
1.79926 – 1.79967 – 1.79576 – 1.79409 – 1.79184 – 1.79154 — 43.0378195811 – 44.559615536613 — 16.959615686803 – 4.5192680815498 – 34.669001279547 – 18.193666877895
Trading Signals: FOREX – EUR – EUR/AUD – AUD – – Double top retreat up – –