EUR/AUD – 30M – SELLThe combination moves from the ascending trendline down.
A descent downwards to the next support at 1.62070 will persist.
Caution: A possible reversal of the trend in the direction of the resistance line at 1.62620 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.63040 |
| 2nd High | 1.62649 |
| Next High | 1.62620 |
| Current Price | 1.62386 |
| Next Low | 1.62070 |
| 2nd Low | 1.61621 |
| 3rd Low | 1.61336 |