EUR/AUD – 30M – SELLThe combination jumps from the descending trendline downwards
A continuation of the downtrend down to the next support line at 1.60187 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 1.61131 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.61856 |
| 2nd High | 1.61136 |
| Next High | 1.61131 |
| Current Price | 1.60582 |
| Next Low | 1.60187 |
| 2nd Low | |
| 3rd Low |