EUR/AUD – 30M – BUYCorrection of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Current target is 1.624205 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance zone at 1.62452 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.62907 |
| 2nd High | 1.62562 |
| Next High | 1.62452 |
| Current Price | 1.62145 |
| Next Low | 1.61867 |
| 2nd Low | 1.61096 |
| 3rd Low | 1.61029 |