EUR/AUD – 1H – SELLThe combination goes from the descending trendline downwards
A continuation of the bearish trend down to the next support line at 1.63842 will persist.
Caution: A possible change in the direction of the resistance line at 1.64756 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.65352 |
| 2nd High | 1.64996 |
| Next High | 1.64756 |
| Current Price | 1.64255 |
| Next Low | 1.63842 |
| 2nd Low | 1.62899 |
| 3rd Low | 1.62662 |