EUR/AUD – 1H – SELLThe currency pair goes from the bearish trendline down.
A continuation of the bearish trend downwards to the next support at 1.63165 is certain.
Caution: A possible counter-trend in the direction of the resistance level at 1.64295 should always be considered.
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 | 1.62283 |
| Next Low | 1.63165 |
| 2nd Low | 1.62899 |
| 3rd Low | 1.62662 |