EUR/AUD – 30M – SELLThe currency pair goes from the ascending trendline down.
A bearish movement downwards to the next support level at 1.61096 will continue.
Caution: A possible trend reversal in the direction of resistance at 1.62507 could occur.
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 | 1.62416 |
| Next Low | 1.61096 |
| 2nd Low | 1.61029 |
| 3rd Low | 1.60989 |