EUR/AUD – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Target of the current trend is 1.6771 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 1.67710 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.67710 |
| Current Price | 1.67487 |
| Next Low | 1.67217 |
| 2nd Low | 1.66311 |
| 3rd Low | 1.66197 |