The currency pair Euro/Australian Dollar (EUR/AUD) jumps from the descending trendline down.
A continuation of the downward movement down to the next support line at 1.65782 will persist.
Caution: A possible reversal of the trend in the direction of the resistance zone at 1.66555 could be enabled.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.67440 |
2nd High | 1.67107 |
Next High | 1.66555 |
Current Price | 1.65870 |
Next Low | 1.65782 |
2nd Low | 1.65446 |
3rd Low | 1.65407 |