The currency pair Euro/Australian Dollar (EUR/AUD) breaks through the descending trendline up.
The bullish trend upwards to the next resistance at 1.74544 is likely expected.
Caution: A possible change in the direction of the support level at 1.72907 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.76228 |
| 2nd High | 1.76148 |
| Next High | 1.74544 |
| Current Price | 1.74242 |
| Next Low | 1.72907 |
| 2nd Low | 1.72472 |
| 3rd Low | 1.7112 |
1.74544 – 1.76148 – 1.76228 – 1.72907 – 1.74801 – 1.76895 —
1.74262 – 1.74105 —
50.210790514068 – 49.293749893962 —
– —
1.74544 – 1767859200
Trading Signals: FOREX – EUR – EUR/AUD – AUD – – Symmetrical Triangle Chart Pattern – – – – – – – –