EUR/AUD – 30M – SELLThe pair Euro/Australian Dollar (EUR/AUD) goes from the descending trendline downwards
A continuation of the downtrend down to the next support line at 1.63504 is expected.
Caution: A possible trend reversal in the direction of the resistance line at 1.65392 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.65839 |
| 2nd High | 1.65604 |
| Next High | 1.65392 |
| Current Price | 1.64866 |
| Next Low | 1.63504 |
| 2nd Low | 1.63342 |
| 3rd Low | 1.63237 |