EUR/AUD – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 1.62029 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support level at 1.62562 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.62974 |
| 2nd High | 1.62907 |
| Next High | 1.62562 |
| Current Price | 1.62258 |
| Next Low | 1.62029 |
| 2nd Low | 1.61096 |
| 3rd Low | 1.61029 |