The currency pair Euro/Australian Dollar (EUR/AUD) jumps from the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance at 1.62762 is considered certain.
Caution: A possible trend reversal in the direction of the support line at should always be considered.
Consider stop-loss settings accordingly.
Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive signal. The currency pair could go up.
Next a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive signal. The currency pair could go up.
Next a ‘MACD-Hist Hidden Bullish Divergence’ indicator layout is discovered. The indicator is ‘MACD-Hist Hidden Bullish Divergence’. which could be a positive signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.63721 |
| 2nd High | 1.62872 |
| Next High | 1.62762 |
| Current Price | 1.62567 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.62762 – 1.62872 – 1.62421 – 1.62463 – 1.62428 – 1.61974 —
1.62659 – 1.62569 —
52.470695662675 – 45.840768557352 —
– —
1.62762 – 1778256000
Trading Signals: FOREX – EUR – EUR/AUD – AUD – – – – – – – – – –