EUR/AUD – 1H – SELLThe combination moves from the descending trendline down.
A continuation of the downward movement downwards to the next support at 1.62899 is likely expected.
Caution: A possible change in the direction of resistance at 1.64597 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.64996 |
| 2nd High | 1.64756 |
| Next High | 1.64597 |
| Current Price | 1.63429 |
| Next Low | 1.62899 |
| 2nd Low | 1.62662 |
| 3rd Low | 1.62566 |