EUR/AUD – 1H – SELLThe pair goes from the ascending trendline down.
A descent downwards to the next support at 1.64522 will continue.
Caution: A possible trend reversal in the direction of the resistance zone at 1.65352 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.66172 |
| 2nd High | 1.65644 |
| Next High | 1.65352 |
| Current Price | 1.64825 |
| Next Low | 1.64522 |
| 2nd Low | 1.64452 |
| 3rd Low | 1.64142 |