EUR/AUD – 30M – SELLThe currency pair moves from the bearish trendline downwards
A continuation of the downtrend downwards to the next support level at 1.64568 is likely expected.
Caution: A possible trend reversal in the direction of the resistance level at 1.66172 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.67479 |
| 2nd High | 1.66302 |
| Next High | 1.66172 |
| Current Price | 1.64985 |
| Next Low | 1.64568 |
| 2nd Low | 1.64452 |
| 3rd Low | 1.64142 |