The combination Euro/Australian Dollar (EUR/AUD) jumps from the ascending trendline down.
The bearish trend down to the next support level at 1.66390 will persist.
Caution: A possible reversal of the trend in the direction of resistance at 1.67010 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.67087 |
2nd High | 1.67049 |
Next High | 1.67010 |
Current Price | 1.66501 |
Next Low | 1.66390 |
2nd Low | 1.66386 |
3rd Low | 1.66197 |