TRANZACTIONAREA PE FX & CFD IMPLICA UN RISC RIDICAT
EUR/AUD is having some difficult to breakout the resistance at 1.5090.
We also can see that lows are getting higher and if we connect those lows we have an upside trendline which might be useful to predict a new rupture of that breakout of that resistance at 1.5090.
We might see price goes Long to 1.5085 or higher if it breaks our resistance level.
As we can see on 1-hour time frame chart, the price is moving toward our downside trend line.
If the price breaks that trend line we might see a new bullish movement close to 1.09830.
Our suggestion is to wait until price gets close to our blue rectangle which is our entry point, and see how it reacts there.
Resistance 3: $ 1.3420 (September 29 high)
Resistance 2: $ 1.3375 (high of the European session on October 2)
Resistance 1: $ 1.3295 (high of the US session on October 2)
Current price: $ 1.3252
Support 1: $ 1.3225 (session low)
Support 2: $ 1.3155 (September 14 low)
Support 3: $ 1.3125 (low of the European session on September 8)
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