EUR/AUD – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Target of the current trend is 1.66349776 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of resistance at 1.66641 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.68016 |
| 2nd High | 1.67762 |
| Next High | 1.66641 |
| Current Price | 1.66198 |
| Next Low | 1.66064 |
| 2nd Low | 1.65777 |
| 3rd Low | 1.65446 |