EUR/AUD – 30M – SELLThe combination goes from the descending trendline down.
A continuation of the downward movement downwards to the next support at 1.63842 is considered certain.
Caution: A possible counter-trend in the direction of the resistance zone at 1.64756 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.64996 |
| 2nd High | 1.64850 |
| Next High | 1.64756 |
| Current Price | 1.64366 |
| Next Low | 1.63842 |
| 2nd Low | 1.63665 |
| 3rd Low | 1.62899 |