EUR/AUD – 1H – SELLThe combination jumps from the bearish trendline down.
A continuation of the downtrend down to the next support at 1.61976 will persist.
Caution: A possible counter-trend in the direction of the resistance line at 1.63129 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.64597 |
| 2nd High | 1.64295 |
| Next High | 1.63129 |
| Current Price | 1.62327 |
| Next Low | 1.61976 |
| 2nd Low | 1.61854 |
| 3rd Low | 1.61726 |