The combination Euro/Australian Dollar (EUR/AUD) moves from the bearish trendline down.
A continuation of the downward movement downwards to the next support level at 1.67613 will persist.
Caution: A possible trend reversal in the direction of the resistance line at 1.71465 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.74663 |
| 2nd High | 1.72337 |
| Next High | 1.71465 |
| Current Price | 1.69826 |
| Next Low | 1.67613 |
| 2nd Low | 1.6357 |
| 3rd Low | 1.63504 |
1.71465 – 1.72337 – 1.74663 – 1.67613 – 1.68932 – 1.70989 —
1.69190 – 1.69965 —
45.957267587936 – 57.66424472349 —
– —
1.71465 – 1770019200
Trading Signals: FOREX – EUR – EUR/AUD – AUD – – – – – – – – – –