EUR/AUD – 30M – SELL

The pair Euro/Australian Dollar (EUR/AUD) moves from the descending trendline downwards

A continuation of the bearish trend downwards to the next support at 1.63444 will persist.

Caution: A possible change in the direction of the resistance zone at 1.64061 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The pair is likely to go down.

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Current target is 1.63560692 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support line at 1.64061 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Support & Resistance Price Range*
3rd High 1.64625
2nd High 1.64342
Next High 1.64061
Current Price 1.63927
Next Low 1.63444
2nd Low 1.63223
3rd Low 1.63027

1.64061 – 1.64342 – 1.64625 – 1.63444 – 1.63223 – 1.63309 —
1.63951 – 1.64106 —
56.559604752715 – 65.640381364556 —
– —
1.64061 – 1784174400

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