The pair Euro/Australian Dollar (EUR/AUD) jumps from the ascending trendline downwards
A bearish trend downwards to the next support level at 1.74973 is certain.
Caution: A possible reversal of the trend in the direction of resistance at 1.75642 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.76134 |
| 2nd High | 1.76091 |
| Next High | 1.75642 |
| Current Price | 1.75553 |
| Next Low | 1.74973 |
| 2nd Low | 1.74614 |
| 3rd Low | 1.73887 |
1.75642 – 1.75507 – 1.75364 – 1.74973 – 1.74974 – 1.74614