EUR/AUD – 30M – BUY

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

A bullish movement up to the next resistance at 1.68838 is considered certain.

Caution: A possible reversal of the trend in the direction of the support line at 1.67613 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘MACD crosses above signal’ indicator layout is found. The indicator is ‘MACD crosses above signal’. which could be a positive signal. The currency pair is likely to rise.

1.68838 – 1.71465 – 1.7108 – 1.67613 – 1.69449 – 1.69413 —
1.68375 – 1.68359 —
44.257367776278 – 40.028423670219 —
– —
1.68838 – 1770138000

Trading Signals: FOREX – EUR – EUR/AUD – AUD – – – – – – – – – –