EUR/AUD – 30M – SELLThe currency pair goes from the ascending trendline downwards
A descending movement downwards to the next support at 1.60864 is considered certain.
Caution: A possible trend reversal in the direction of the resistance line at 1.61388 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.62507 |
| 2nd High | 1.61856 |
| Next High | 1.61388 |
| Current Price | 1.61088 |
| Next Low | 1.60864 |
| 2nd Low | 1.60512 |
| 3rd Low | 1.60204 |