EUR/AUD – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Current target is 1.63165 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support zone at 1.64597 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.64850 |
| 2nd High | 1.64756 |
| Next High | 1.64597 |
| Current Price | 1.63344 |
| Next Low | 1.63165 |
| 2nd Low | 1.62899 |
| 3rd Low | 1.62662 |