The combination Euro/Australian Dollar (EUR/AUD) breaks through the bearish trendline upwards
A bullish movement up to the next resistance at 1.6671 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 1.65648 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘StochRSI %K crosses above 0.2’ indicator layout is discovered. The indicator shows ‘StochRSI %K crosses above 0.2’. which is often a bullish chart signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.67541 |
| 2nd High | 1.67501 |
| Next High | 1.6671 |
| Current Price | 1.65958 |
| Next Low | 1.65648 |
| 2nd Low | 1.65639 |
| 3rd Low | 1.65572 |
1.6671 – 1.66013 – 1.66064 – 1.65648 – 1.65684 – 1.65873 —
1.66663 – 1.66046 —
57.883970402201 – 46.166313279397 —
– —
1.6671 – 1772125200
Trading Signals: FOREX – EUR – EUR/AUD – AUD – – Symmetrical Triangle Chart Pattern – – – – – – – –