EUR/AUD – 1H – SELLThe currency pair moves from the ascending trendline down.
A bearish descent down to the next support line at 1.62933 is considered certain.
Caution: A possible reversal of the trend in the direction of resistance at 1.63513 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.64295 |
| 2nd High | 1.63530 |
| Next High | 1.63513 |
| Current Price | 1.63641 |
| Next Low | 1.62933 |
| 2nd Low | 1.61849 |
| 3rd Low | 1.61392 |