Buy EUR/AUD – 30M – BUY

Correction of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend is expected. Current target is 1.61834786 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 1.62596 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 1.62649
2nd High 1.62620
Next High 1.62596
Current Price 1.61732
Next Low 1.61729
2nd Low 1.61621
3rd Low 1.61336

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