EUR/AUD – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Target of the current trend is 1.61472 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of support at 1.62596 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.62649 |
| 2nd High | 1.62620 |
| Next High | 1.62596 |
| Current Price | 1.61603 |
| Next Low | 1.61472 |
| 2nd Low | 1.61336 |
| 3rd Low | 1.61096 |