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EURAUD broke down from a rising wedge 1 bar ago under a weekly downtrend. Above 1.62366 the break has failed.

EURAUD=X · 4H · read on 2026-09-28 · Broke below 1.62366 1 bar ago. No retest yet.

What the read found

Trend: a series of higher highs and higher lows over the window, 3 steps across 23 bars, still intact
Formation: rising wedge — Broke below 1.62366 1 bar ago. No retest yet.
Decides above: 1.62366 (the breakout)
Decides below: 1.60818 (support)
Support: 1.60818
Level history: The last ten times price reached 1.60818 it held every time, bouncing 0.5% on average.

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Every figure on this page was computed from the real candles up to 2026-09-28. This is a description of a chart, not advice, a signal or a forecast. Disclaimer · What a read returns