The currency pair Euro/Australian Dollar (EUR/AUD) breaks through the bearish trendline upwards
An ascent up to the next resistance at 1.64101 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at 1.63459 should always be considered.
Consider stop-loss settings accordingly.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The currency pair is likely to rise.
Besides a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. this is usually a bullish signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.64803 |
| 2nd High | 1.64581 |
| Next High | 1.64101 |
| Current Price | 1.64089 |
| Next Low | 1.63459 |
| 2nd Low | 1.63424 |
| 3rd Low | 1.62897 |
1.64101 – 1.63868 – 1.64581 – 1.63459 – 1.63424 – 1.63851 —
1.64074 – 1.64053 —
64.998308664938 – 63.111749957991 —
– —
1.64101 – 1776974400
Trading Signals: FOREX – EUR – EUR/AUD – AUD – – – – – – – – – –