EUR/AUD – 30M – SELLThe currency pair moves from the bearish trendline downwards
A continuation of the bearish trend down to the next support at 1.61976 is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 1.63208 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.64597 |
| 2nd High | 1.64295 |
| Next High | 1.63208 |
| Current Price | 1.62471 |
| Next Low | 1.61976 |
| 2nd Low | 1.61854 |
| 3rd Low | 1.61726 |