Buy EUR/AUD – 1H – BUY

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:

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