EUR/AUD – 30M – SELLThe pair goes from the bearish trendline down.
A continuation of the downtrend downwards to the next support line at 1.62130 is certain.
Caution: A possible trend reversal in the direction of resistance at 1.62620 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.63040 |
| 2nd High | 1.62649 |
| Next High | 1.62620 |
| Current Price | 1.62175 |
| Next Low | 1.62130 |
| 2nd Low | 1.62070 |
| 3rd Low | 1.61621 |