The pair Euro/Australian Dollar (EUR/AUD) goes from the descending trendline down.
A continuation of the bearish trend down to the next support level at 1.68054 will continue.
Caution: A possible trend reversal in the direction of the resistance zone at 1.68525 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.71465 |
| 2nd High | 1.68838 |
| Next High | 1.68525 |
| Current Price | 1.68155 |
| Next Low | 1.68054 |
| 2nd Low | 1.67613 |
| 3rd Low | 1.67172 |
1.68525 – 1.68838 – 1.71465 – 1.68054 – 1.67613 – 1.69449 —
1.68354 – 1.68413 —
42.926622824327 – 51.633316921091 —
– —
1.68525 – 1770181200
Trading Signals: FOREX – EUR – EUR/AUD – AUD – – – – – – – – – –