EUR/AUD – 30M – SELLThe currency pair moves from the bullish trendline downwards
A descending movement down to the next support line at 1.60989 will persist.
Caution: A possible reversal of the trend in the direction of resistance at 1.61320 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.61856 |
| 2nd High | 1.61388 |
| Next High | 1.61320 |
| Current Price | 1.61275 |
| Next Low | 1.60989 |
| 2nd Low | 1.60864 |
| 3rd Low | 1.60512 |