EUR/AUD – 1H – SELLThe combination moves from the bearish trendline downwards
A continuation of the downtrend down to the next support line at 1.64522 is expected.
Caution: A possible trend reversal in the direction of resistance at 1.64996 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.65644 |
| 2nd High | 1.65352 |
| Next High | 1.64996 |
| Current Price | 1.64293 |
| Next Low | 1.64522 |
| 2nd Low | 1.64452 |
| 3rd Low | 1.64142 |