EUR/AUD – 30M – SELLThe pair jumps from the bullish trendline down.
A descending movement downwards to the next support level at 1.61849 will persist.
Caution: A possible change in the direction of the resistance line at 1.63160 could be enabled.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke the Fibonacci 0-Level.Continuation of the current descending trend will persist. Target of the current trend is 1.62742752 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support level at 1.63160 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.63530 |
| 2nd High | 1.63273 |
| Next High | 1.63160 |
| Current Price | 1.63133 |
| Next Low | 1.61849 |
| 2nd Low | 1.61392 |
| 3rd Low | 1.61336 |