EUR/AUD – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Current target is 1.64522 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support level at 1.65394 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.66302 |
| 2nd High | 1.66172 |
| Next High | 1.65394 |
| Current Price | 1.64794 |
| Next Low | 1.64522 |
| 2nd Low | 1.64452 |
| 3rd Low | 1.64142 |