EUR/AUD – 30M – SELLThe pair jumps from the bearish trendline down.
A continuation of the downtrend downwards to the next support at 1.63567 is likely expected.
Caution: A possible trend reversal in the direction of the resistance line at 1.64295 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.64756 |
| 2nd High | 1.64597 |
| Next High | 1.64295 |
| Current Price | 1.62672 |
| Next Low | 1.63567 |
| 2nd Low | 1.63165 |
| 3rd Low | 1.62899 |