The combination Euro/Australian Dollar (EUR/AUD) breaks through the bearish trendline up.
A bullish movement up to the next resistance level at 1.63499 is likely expected.
Caution: A possible change in the direction of the support level at 1.62492 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which could be a positive chart signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.65688 |
| 2nd High | 1.65542 |
| Next High | 1.63499 |
| Current Price | 1.62810 |
| Next Low | 1.62492 |
| 2nd Low | 1.61282 |
| 3rd Low |
1.63499 – 1.65542 – 1.65688 – 1.62492 – 1.61282 – 1.64116 —
1.63023 – 1.62778 —
44.052741626934 – 37.118688668419 —
– —
1.63499 – 1773442800
Trading Signals: FOREX – EUR – EUR/AUD – AUD – – – – – – – – – –