The pair Euro/Australian Dollar (EUR/AUD) jumps from the bullish trendline up.
A continuation of the uptrend up to the next resistance level at 1.62761 is expected.
Caution: A possible counter-trend in the direction of support at should be noted.
Consider stop-loss settings accordingly.
Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.63327 |
| 2nd High | 1.63262 |
| Next High | 1.62761 |
| Current Price | 1.62566 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.62761 – 1.62751 – 1.63262 – 1.61894 – 1.62127 – 1.62007 —
1.62382 – 1.62516 —
56.832464093225 – 66.890074878863 —
– —
1.62761 – 1780329600
Trading Signals: FOREX – EUR – EUR/AUD – AUD – – – – – – – – – –