EUR/AUD – 30M – SELLThe pair moves from the bearish trendline down.
A continuation of the bearish trend down to the next support line at 1.61336 will continue.
Caution: A possible reversal of the trend in the direction of the resistance line at 1.62649 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.63273 |
| 2nd High | 1.63040 |
| Next High | 1.62649 |
| Current Price | 1.61462 |
| Next Low | 1.61336 |
| 2nd Low | 1.61096 |
| 3rd Low | 1.61029 |