EUR/AUD – 30M – SELLCorrection of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Target of the current trend is 1.64522 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the support level at 1.65230 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.65644 |
| 2nd High | 1.65352 |
| Next High | 1.65230 |
| Current Price | 1.64548 |
| Next Low | 1.64522 |
| 2nd Low | 1.64452 |
| 3rd Low | 1.64142 |