EUR/AUD – 30M – SELLThe combination jumps from the descending trendline downwards
A continuation of the bearish trend downwards to the next support at 1.62899 will persist.
Caution: A possible reversal of the trend in the direction of the resistance level at 1.64295 is also possible.
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 | 1.64295 |
| Current Price | 1.62465 |
| Next Low | 1.62899 |
| 2nd Low | 1.62662 |
| 3rd Low | 1.62566 |