EUR/AUD – 30M – SELLThe pair moves from the descending trendline downwards
A continuation of the downward movement down to the next support line at 1.61976 will continue.
Caution: A possible reversal of the trend in the direction of the resistance level at 1.63208 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.64597 |
| 2nd High | 1.64295 |
| Next High | 1.63208 |
| Current Price | 1.62327 |
| Next Low | 1.61976 |
| 2nd Low | 1.61854 |
| 3rd Low | 1.61726 |