EUR/AUD – 30M – SELLThe pair moves from the ascending trendline down.
A descent down to the next support level at 1.61849 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 1.63513 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.64295 |
| 2nd High | 1.63530 |
| Next High | 1.63513 |
| Current Price | 1.63235 |
| Next Low | 1.61849 |
| 2nd Low | 1.61392 |
| 3rd Low | 1.61336 |