Buy EUR/AUD – 1H – BUY

The pair Euro/Australian Dollar (EUR/AUD) breaks through the bearish trendline up.

A bullish movement up to the next resistance at 1.72119 is considered certain.

Caution: A possible change in the direction of the support line at 1.71581 should be noted.
Consider stop-loss settings accordingly.

There is also a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which could be a positive signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 1.72240548 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of resistance at 1.72119 should be noted.
Consider stop-loss settings accordingly.

Support & Resistance Price Range*
3rd High 1.74741
2nd High 1.74663
Next High 1.72119
Current Price 1.71692
Next Low 1.71581
2nd Low 1.7112
3rd Low 1.71044

1.72119 – 1.74663 – 1.73979 – 1.71581 – 1.73064 – 1.72985 —
1.71829 – 1.71852 —
29.979787008063 – 33.725105214062 —
– —
1.72119 – 1769101200

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