EUR/AUD – 30M – SELLThe combination moves from the bullish trendline downwards
A descent downwards to the next support line at 1.60989 is expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 1.61320 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.61856 |
| 2nd High | 1.61388 |
| Next High | 1.61320 |
| Current Price | 1.61194 |
| Next Low | 1.60989 |
| 2nd Low | 1.60864 |
| 3rd Low | 1.60512 |