EUR/AUD – 30M – SELLThe pair Euro/Australian Dollar (EUR/AUD) goes from the descending trendline down.
A continuation of the downward movement down to the next support level at 1.62006 is considered certain.
Caution: A possible counter-trend in the direction of the resistance level at 1.62364 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.62998 |
| 2nd High | 1.62792 |
| Next High | 1.62364 |
| Current Price | 1.62016 |
| Next Low | 1.62006 |
| 2nd Low | 1.61911 |
| 3rd Low | 1.61829 |