EUR/AUD – 30M – SELLThe pair goes from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support at 1.63732 is expected.
Caution: A possible trend reversal in the direction of resistance at 1.64295 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.64756 |
| 2nd High | 1.64597 |
| Next High | 1.64295 |
| Current Price | 1.63627 |
| Next Low | 1.63732 |
| 2nd Low | 1.63567 |
| 3rd Low | 1.63165 |