EUR/AUD – 30M – SELLCorrection of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Current target is 1.61621 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the support level at 1.62596 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.62649 |
| 2nd High | 1.62620 |
| Next High | 1.62596 |
| Current Price | 1.61766 |
| Next Low | 1.61729 |
| 2nd Low | 1.61621 |
| 3rd Low | 1.61336 |