EUR/AUD – 30M – SELLThe combination jumps from the bearish trendline downwards
A continuation of the downward movement down to the next support at 1.61951 will continue.
Caution: A possible counter-trend in the direction of the resistance level at 1.62507 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.64295 |
| 2nd High | 1.63208 |
| Next High | 1.62507 |
| Current Price | 1.61525 |
| Next Low | 1.61951 |
| 2nd Low | 1.61836 |
| 3rd Low | 1.61726 |