Buy EUR/AUD – 1H – BUY

The combination Euro/Australian Dollar (EUR/AUD) breaks through the bullish trendline up.

A continuation of the bullish trend up to the next resistance at 1.66166 is considered certain.

Caution: A possible reversal of the trend in the direction of the support line at 1.64317 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The currency pair could go up.

Support & Resistance Price Range*
3rd High 1.66898
2nd High 1.66217
Next High 1.66166
Current Price 1.65146
Next Low 1.64317
2nd Low 1.64314
3rd Low 1.63027

1.64898 – 1.64962 – 1.64703 – 1.64317 – 1.64314 – 1.63027 —
1.65367 – 1.65125 —
63.647817642521 – 51.504788001767 —
– —
1.64898 – 1782406800

Trading Signals:

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