EUR/AUD – 1H – SELLThe currency pair moves from the descending trendline down.
A continuation of the bearish trend downwards to the next support level at 1.64142 is considered certain.
Caution: A possible counter-trend in the direction of the resistance level at 1.64756 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.65352 |
| 2nd High | 1.64996 |
| Next High | 1.64756 |
| Current Price | 1.64301 |
| Next Low | 1.64142 |
| 2nd Low | 1.62899 |
| 3rd Low | 1.62662 |