EUR/AUD – 30M – SELLThe pair jumps from the descending trendline down.
A continuation of the bearish trend downwards to the next support line at 1.61489 is certain.
Caution: A possible trend reversal in the direction of the resistance level at 1.62649 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.63273 |
| 2nd High | 1.63040 |
| Next High | 1.62649 |
| Current Price | 1.61640 |
| Next Low | 1.61489 |
| 2nd Low | 1.61096 |
| 3rd Low | 1.61029 |