The combination Euro/Australian Dollar (EUR/AUD) moves from the descending trendline up.
A bullish movement upwards to the next resistance line at 1.63166 will persist.
Caution: A possible trend reversal in the direction of the support line at should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘StochRSI %K crosses above 0.2’ indicator signal is found. The indicator shows ‘StochRSI %K crosses above 0.2’. which could be a positive signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.65157 |
| 2nd High | 1.64582 |
| Next High | 1.63166 |
| Current Price | 1.62121 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.63166 – 1.64582 – 1.65157 – 1.62683 – 1.64116 – 1.64244 —
1.62988 – 1.62152 —
38.365356191053 – 20.402299936363 —
– —
1.63166 – 1773183600
Trading Signals: FOREX – EUR – EUR/AUD – AUD – – – – – – – – – –