EUR/AUD – 30M – SELLThe currency pair moves from the bullish trendline downwards
A bearish movement down to the next support at 1.63261 will continue.
Caution: A possible counter-trend in the direction of the resistance line at 1.64322 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
The chart formed a ‘Three White Soldiers’ candlestick pattern, which means 3 higher candles in a row.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.64756 |
| 2nd High | 1.64597 |
| Next High | 1.64322 |
| Current Price | 1.64354 |
| Next Low | 1.63261 |
| 2nd Low | 1.62933 |
| 3rd Low | 1.61849 |