EUR/AUD – 30M – BUYCorrection of the major bearish trend broke through the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Current target is 1.61647912 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance line at 1.61754 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.63208 |
| 2nd High | 1.62507 |
| Next High | 1.61754 |
| Current Price | 1.61611 |
| Next Low | 1.61166 |
| 2nd Low | 1.61096 |
| 3rd Low | 1.60642 |