EUR/AUD – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Target of the current trend is 1.6356266 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support level at 1.64091 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.64756 |
| 2nd High | 1.64597 |
| Next High | 1.64091 |
| Current Price | 1.63888 |
| Next Low | 1.63567 |
| 2nd Low | 1.63165 |
| 3rd Low | 1.62899 |