EUR/AUD – 30M – SELLThe pair jumps from the descending trendline down.
A continuation of the downward movement down to the next support at 1.64472 is certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 1.64850 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.65230 |
| 2nd High | 1.64996 |
| Next High | 1.64850 |
| Current Price | 1.64609 |
| Next Low | 1.64472 |
| 2nd Low | 1.64452 |
| 3rd Low | 1.64142 |