EUR/AUD – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is considered certain. Current target is 1.6257 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance zone at 1.63273 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.64295 |
| 2nd High | 1.63530 |
| Next High | 1.63273 |
| Current Price | 1.62377 |
| Next Low | 1.61973 |
| 2nd Low | 1.61867 |
| 3rd Low | 1.61096 |