EUR/AUD – 30M – BUY

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

A bullish movement up to the next resistance line at 1.63275 is certain.

Caution: A possible trend reversal in the direction of support at 1.62492 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘MACD crosses above signal’ indicator signal is found. The indicator shows ‘MACD crosses above signal’. which is often a bullish signal. The currency pair could go up.

And also a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair could go up.

Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend is certain. Target of the current trend is 1.63275 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the resistance level at 1.63275 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

1.63275 – 1.62939 – 1.62802 – 1.62492 – 1.62509 – 1.61356 —
1.62826 – 1.63078 —
49.495419715851 – 52.652153008751 —
– —
1.63275 – 1773394200

Trading Signals: FOREX – EUR – EUR/AUD – AUD – – Rising Wedge Chart Pattern – – – – – – – –