EUR/AUD – 30M – SELLThe combination jumps from the bearish trendline downwards
A continuation of the downward movement downwards to the next support at 1.61336 is considered certain.
Caution: A possible counter-trend in the direction of resistance at 1.61811 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.63040 |
| 2nd High | 1.62649 |
| Next High | 1.61811 |
| Current Price | 1.61550 |
| Next Low | 1.61336 |
| 2nd Low | 1.61096 |
| 3rd Low | 1.61029 |