EUR/AUD – 30M – SELLThe currency pair jumps from the bearish trendline downwards
A continuation of the downtrend down to the next support at 1.60204 is certain.
Caution: A possible counter-trend in the direction of the resistance zone at 1.60644 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.61131 |
| 2nd High | 1.60866 |
| Next High | 1.60644 |
| Current Price | 1.60628 |
| Next Low | 1.60204 |
| 2nd Low | 1.60040 |
| 3rd Low |