EUR/AUD – 30M – SELLThe combination goes from the bearish trendline down.
A continuation of the downward movement downwards to the next support at 1.60864 is certain.
Caution: A possible trend reversal in the direction of the resistance level at 1.61754 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.63208 |
| 2nd High | 1.62507 |
| Next High | 1.61754 |
| Current Price | 1.61737 |
| Next Low | 1.60864 |
| 2nd Low | 1.60642 |
| 3rd Low | 1.60535 |