EUR/AUD – 30M – SELLCorrection of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Current target is 1.629555 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support line at 1.63528 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.63576 |
| 2nd High | 1.63543 |
| Next High | 1.63528 |
| Current Price | 1.63209 |
| Next Low | 1.62966 |
| 2nd Low | 1.62621 |
| 3rd Low | 1.62549 |