EUR/AUD – 30M – BUY

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

An ascent upwards to the next resistance level at 1.63576 will persist.

Caution: A possible trend reversal in the direction of the support level at is also possible.
Consider stop-loss settings accordingly.

In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive 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 will persist. Current target is 1.637925 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance zone at 1.63576 is also possible.
Consider stop-loss settings accordingly.

1.63576 – 1.64107 – 1.64535 – 1.63091 – 1.6305 – 1.63211 —
1.63338 – 1.63517 —
47.020689413916 – 48.698987430211 —
– —
1.63576 – 1781852400

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