EUR/AUD – 1H – SELLCorrection of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Target of the current trend is 1.648479 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support level at 1.66302 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.68000 |
| 2nd High | 1.67479 |
| Next High | 1.66302 |
| Current Price | 1.65239 |
| Next Low | 1.64452 |
| 2nd Low | 1.64142 |
| 3rd Low | 1.62899 |