EUR/AUD – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Current target is 1.61854 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support level at 1.63208 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.64597 |
| 2nd High | 1.64295 |
| Next High | 1.63208 |
| Current Price | 1.61964 |
| Next Low | 1.61854 |
| 2nd Low | 1.61726 |
| 3rd Low | 1.60642 |