EUR/AUD – 30M – SELLThe combination jumps from the bullish trendline down.
A descending movement downwards to the next support line at 1.65229 is certain.
Caution: A possible counter-trend in the direction of the resistance level at 1.65998 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.66302 |
| 2nd High | 1.66172 |
| Next High | 1.65998 |
| Current Price | 1.65427 |
| Next Low | 1.65229 |
| 2nd Low | 1.64176 |
| 3rd Low | 1.63261 |