EUR/AUD – 30M – SELLThe combination jumps from the bullish trendline down.
A bearish trend down to the next support level at 1.60989 is certain.
Caution: A possible counter-trend in the direction of the resistance zone at 1.61320 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.61856 |
| 2nd High | 1.61388 |
| Next High | 1.61320 |
| Current Price | 1.61269 |
| Next Low | 1.60989 |
| 2nd Low | 1.60864 |
| 3rd Low | 1.60512 |