EUR/AUD – 1H – SELLThe pair moves from the descending trendline down.
A continuation of the bearish trend down to the next support line at 1.60642 is certain.
Caution: A possible change in the direction of the resistance level at 1.62507 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.64295 |
| 2nd High | 1.63208 |
| Next High | 1.62507 |
| Current Price | 1.61088 |
| Next Low | 1.60642 |
| 2nd Low | 1.60476 |
| 3rd Low | 1.60230 |