EUR/AUD – 30M – BUYCorrection of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Current target is 1.658189 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the resistance line at 1.66172 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.67479 |
| 2nd High | 1.66302 |
| Next High | 1.66172 |
| Current Price | 1.65622 |
| Next Low | 1.64522 |
| 2nd Low | 1.64452 |
| 3rd Low | 1.64142 |