Buy EUR/AUD – 1H – BUY

The combination Euro/Australian Dollar (EUR/AUD) breaks through the descending trendline up.

The bullish trend upwards to the next resistance at 1.64243 is considered certain.

Caution: A possible change in the direction of the support zone at 1.6298 could be enabled.
Consider stop-loss settings accordingly.

And also a indicator signal is discovered. The indicator shows ”. which could be a positive chart scenario. The currency pair is likely to rise.

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And also a ‘StochRSI %K crosses above 0.2’ indicator signal is discovered. The indicator shows ‘StochRSI %K crosses above 0.2’. which could be a positive chart scenario. The currency pair is likely to rise.

And also a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The pair is likely to go up.

Support & Resistance Price Range*
3rd High 1.64803
2nd High 1.64581
Next High 1.64243
Current Price 1.63278
Next Low 1.6298
2nd Low 1.62891
3rd Low 1.62571

1.64243 – 1.63406 – 1.64182 – 1.6298 – 1.62891 – 1.63459 —
1.64015 – 1.63568 —
57.911173936546 – 30.905357900901 —
– —
1.64243 – 1777496400

Trading Signals:

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