EUR/AUD – 30M – SELLThe pair jumps from the descending trendline downwards
A continuation of the bearish trend downwards to the next support line at 1.64841 will continue.
Caution: A possible counter-trend in the direction of resistance at 1.65352 could occur.
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 | 1.65005 |
| Next Low | 1.64841 |
| 2nd Low | 1.64522 |
| 3rd Low | 1.64452 |