EUR/AUD – 30M – SELLThe combination Euro/Australian Dollar (EUR/AUD) moves from the bearish trendline downwards
A continuation of the downtrend downwards to the next support at 1.66390 will continue.
Caution: A possible trend reversal in the direction of the resistance zone at 1.67010 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Target of the current trend is 1.6640704 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support zone at 1.67010 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.67087 |
| 2nd High | 1.67049 |
| Next High | 1.67010 |
| Current Price | 1.66547 |
| Next Low | 1.66390 |
| 2nd Low | 1.66386 |
| 3rd Low | 1.66197 |