EUR/AUD – 30M – SELLThe currency pair moves from the bearish trendline downwards
A continuation of the bearish trend down to the next support at 1.61911 is certain.
Caution: A possible change in the direction of the resistance level at 1.62468 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.63543 |
| 2nd High | 1.63047 |
| Next High | 1.62468 |
| Current Price | 1.62350 |
| Next Low | 1.61911 |
| 2nd Low | 1.61829 |
| 3rd Low | 1.61620 |