EUR/AUD – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is likely expected. Current target is 1.61166 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support level at 1.61754 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.63208 |
| 2nd High | 1.62507 |
| Next High | 1.61754 |
| Current Price | 1.61017 |
| Next Low | 1.60642 |
| 2nd Low | 1.60535 |
| 3rd Low | 1.60476 |