EUR/AUD – 1H – SELLThe pair moves from the ascending trendline downwards
A descending movement down to the next support at 1.64142 is certain.
Caution: A possible counter-trend in the direction of the resistance zone at 1.64996 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.65644 |
| 2nd High | 1.65352 |
| Next High | 1.64996 |
| Current Price | 1.63921 |
| Next Low | 1.64142 |
| 2nd Low | 1.62899 |
| 3rd Low | 1.62662 |