EUR/AUD – 30M – SELLThe pair Euro/Australian Dollar (EUR/AUD) jumps from the descending trendline downwards
A continuation of the downtrend downwards to the next support line at 1.61829 is certain.
Caution: A possible trend reversal in the direction of the resistance level at 1.62366 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is certain. Current target is 1.61967 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of support at 1.62366 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.62998 |
| 2nd High | 1.62792 |
| Next High | 1.62366 |
| Current Price | 1.61871 |
| Next Low | 1.61829 |
| 2nd Low | 1.61620 |
| 3rd Low | 1.61392 |