EUR/AUD – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 1.59661 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support level at 1.61330 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.62792 |
| 2nd High | 1.62366 |
| Next High | 1.61330 |
| Current Price | 1.60089 |
| Next Low | 1.59661 |
| 2nd Low | |
| 3rd Low |