EUR/AUD – 1H – SELLThe currency pair moves from the bearish trendline downwards
A continuation of the bearish trend down to the next support level at 1.61621 is expected.
Caution: A possible counter-trend in the direction of the resistance line at 1.62620 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.63530 |
| 2nd High | 1.63273 |
| Next High | 1.62620 |
| Current Price | 1.62317 |
| Next Low | 1.61621 |
| 2nd Low | 1.61336 |
| 3rd Low | 1.61096 |