EUR/AUD – 30M – SELLThe pair goes from the descending trendline downwards
A continuation of the downtrend downwards to the next support at 1.62332 is considered certain.
Caution: A possible change in the direction of resistance at 1.64295 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.64756 |
| 2nd High | 1.64597 |
| Next High | 1.64295 |
| Current Price | 1.62197 |
| Next Low | 1.62332 |
| 2nd Low | 1.62313 |
| 3rd Low | 1.61877 |