EUR/AUD – 30M – SELLThe pair jumps from the ascending trendline downwards
A descending movement down to the next support at 1.61849 is certain.
Caution: A possible counter-trend in the direction of the resistance zone at 1.62834 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.63273 |
| 2nd High | 1.63040 |
| Next High | 1.62834 |
| Current Price | 1.63014 |
| Next Low | 1.61849 |
| 2nd Low | 1.61392 |
| 3rd Low | 1.61336 |