EUR/AUD – 30M – BUYCorrection of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 1.63451 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of resistance at 1.63543 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.64969 |
| 2nd High | 1.63576 |
| Next High | 1.63543 |
| Current Price | 1.62548 |
| Next Low | 1.61620 |
| 2nd Low | 1.61392 |
| 3rd Low | 1.61336 |