EUR/AUD – 30M – BUYThe combination Euro/Australian Dollar (EUR/AUD) breaks through the descending trendline up.
An ascent up to the next resistance line at 1.78759 will persist.
Caution: A possible counter-trend in the direction of the support line at 1.78238 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.79759 |
| 2nd High | 1.78991 |
| Next High | 1.78759 |
| Current Price | 1.78730 |
| Next Low | 1.78238 |
| 2nd Low | 1.78112 |
| 3rd Low | 1.7809 |
1.78759 – 1.78991 – 1.78854 – 1.78238 – 1.78522 – 1.78648 — 52.665662738351 – 56.002169670061 — 83.521055796642 – 83.521055796642 – 81.483554695582 – 81.678849469323
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Northern Doji – Double top retreat up – –