EUR/AUD – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Current target is 1.62723 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support line at 1.63576 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.65282 |
| 2nd High | 1.64969 |
| Next High | 1.63576 |
| Current Price | 1.63293 |
| Next Low | 1.62723 |
| 2nd Low | 1.61849 |
| 3rd Low | 1.61392 |