EUR/AUD – 30M – SELLThe currency pair jumps from the bearish trendline down.
A continuation of the bearish trend downwards to the next support level at 1.60631 is expected.
Caution: A possible counter-trend in the direction of the resistance zone at 1.61136 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.62507 |
| 2nd High | 1.61856 |
| Next High | 1.61136 |
| Current Price | 1.60755 |
| Next Low | 1.60631 |
| 2nd Low | 1.60535 |
| 3rd Low | 1.60476 |