EUR/AUD – 30M – SELLCorrection of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 1.61973 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the support level at 1.63040 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.63530 |
| 2nd High | 1.63273 |
| Next High | 1.63040 |
| Current Price | 1.62219 |
| Next Low | 1.62181 |
| 2nd Low | 1.61973 |
| 3rd Low | 1.61867 |