The pair Euro/Australian Dollar (EUR/AUD) moves from the ascending trendline down.
A bearish trend down to the next support level at 1.62966 is likely expected.
Caution: A possible trend reversal in the direction of the resistance zone at 1.63528 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.63576 |
2nd High | 1.63543 |
Next High | 1.63528 |
Current Price | 1.62965 |
Next Low | 1.62966 |
2nd Low | 1.62621 |
3rd Low | 1.62549 |