EUR/AUD – 30M – BUYCorrection of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 1.652215 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of resistance at 1.65328 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.65998 |
| 2nd High | 1.65839 |
| Next High | 1.65328 |
| Current Price | 1.64890 |
| Next Low | 1.64445 |
| 2nd Low | 1.64176 |
| 3rd Low | 1.63261 |