EUR/AUD – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 1.62223264 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of support at 1.63040 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.63530 |
| 2nd High | 1.63273 |
| Next High | 1.63040 |
| Current Price | 1.62479 |
| Next Low | 1.61899 |
| 2nd Low | 1.61867 |
| 3rd Low | 1.61096 |