EUR/AUD – 30M – BUYThe currency pair Euro/Australian Dollar (EUR/AUD) breaks through the descending trendline up.
The bullish trend upwards to the next resistance at 1.62802 will persist.
Caution: A possible reversal of the trend in the direction of the support zone at 1.61356 should be noted.
Consider stop-loss settings accordingly.
Moreover a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which is often a bullish signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.64582 |
| 2nd High | 1.63166 |
| Next High | 1.62802 |
| Current Price | 1.62805 |
| Next Low | 1.61356 |
| 2nd Low | 1.61282 |
| 3rd Low |
1.62802 – 1.6235 – 1.61961 – 1.61356 – 1.61282 – 1.62683 —
1.62668 – 1.62793 —
66.368577909136 – 63.985979423879 —
– —
1.62802 – 1773338400
Trading Signals: FOREX – EUR – EUR/AUD – AUD – – – – – – – – – –