The pair Euro/Australian Dollar (EUR/AUD) breaks through the descending trendline upwards
A bullish trend upwards to the next resistance level at 1.63499 is considered certain.
Caution: A possible change in the direction of support at 1.62492 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.65688 |
| 2nd High | 1.65542 |
| Next High | 1.63499 |
| Current Price | 1.62745 |
| Next Low | 1.62492 |
| 2nd Low | 1.61282 |
| 3rd Low |
1.63499 – 1.65542 – 1.65688 – 1.62492 – 1.61282 – 1.64116 —
1.62778 – 1.62735 —
37.118689043963 – 42.167184166054 —
– —
1.63499 – 1773442800
Trading Signals: FOREX – EUR – EUR/AUD – AUD – – – – – – – – – –