The currency pair Euro/Australian Dollar (EUR/AUD) breaks through the descending trendline up.
A bullish trend up to the next resistance line at 1.63576 will persist.
Caution: A possible change in the direction of the support level at 1.6305 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.64628 |
| 2nd High | 1.64535 |
| Next High | 1.63576 |
| Current Price | 1.63565 |
| Next Low | 1.6305 |
| 2nd Low | 1.63038 |
| 3rd Low | 1.62892 |
1.63576 – 1.64535 – 1.64361 – 1.6305 – 1.63813 – 1.6372 —
1.63221 – 1.63537 —
35.015870143771 – 54.062454129458 —
– —
1.63576 – 1781852400
Trading Signals: FOREX – EUR – EUR/AUD – AUD – – – – – – – – – –