EUR/AUD – 30M – SELLThe combination moves from the descending trendline downwards
A continuation of the bearish trend down to the next support line at 1.61951 is expected.
Caution: A possible trend reversal in the direction of the resistance level at 1.63208 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.64597 |
| 2nd High | 1.64295 |
| Next High | 1.63208 |
| Current Price | 1.62317 |
| Next Low | 1.61951 |
| 2nd Low | 1.61836 |
| 3rd Low | 1.61726 |