EUR/AUD – 1H – BUY

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

A bullish movement up to the next resistance line at 1.65688 is likely expected.

Caution: A possible trend reversal in the direction of the support zone at could happen.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart scenario. The pair is likely to go up.

1.65688 – 1.6595 – 1.6593 – 1.64793 – 1.64241 – 1.6425 —
1.65541 – 1.65385 —
52.507920171161 – 50.622507090678 —
– —
1.65688 – 1772812800

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