Buy EUR/AUD – 30M – BUY

The pair Euro/Australian Dollar (EUR/AUD) breaks through the descending trendline upwards

A bullish movement up to the next resistance line at 1.77442 is expected.

Caution: A possible counter-trend in the direction of the support level at 1.76928 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Current target is 1.77500852 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of resistance at 1.77442 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Support & Resistance Price Range*
3rd High 1.77688
2nd High 1.77594
Next High 1.77442
Current Price 1.77420
Next Low 1.76928
2nd Low 1.76895
3rd Low 1.76297

1.77442 – 1.77594 – 1.7757 – 1.76928 – 1.76895 – 1.77104 —
1.77234 – 1.77396 —
52.61507394487 – 57.850966664638 —
– —
1.77442 – 1764556200

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