EUR/AUD – 1H – BUY

The currency pair Euro/Australian Dollar (EUR/AUD) breaks through the bearish trendline upwards

A bullish ascent up to the next resistance level at 1.64243 is considered certain.

Caution: A possible change in the direction of support at 1.62483 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The currency pair could go up.

Additionally a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which is often a bullish signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is considered certain. Current target is 1.63363 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of resistance at 1.64243 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

1.64243 – 1.63406 – 1.64182 – 1.62483 – 1.62796 – 1.6298 —
1.62994 – 1.63039 —
54.137241235445 – 58.199024768812 —
– —
1.64243 – 1777496400

Trading Signals: FOREX – EUR – EUR/AUD – AUD – – – – – – – – – –