EUR/AUD – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 1.60864 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support zone at 1.61754 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.63208 |
| 2nd High | 1.62507 |
| Next High | 1.61754 |
| Current Price | 1.61088 |
| Next Low | 1.60864 |
| 2nd Low | 1.60642 |
| 3rd Low | 1.60535 |