EUR/AUD – 30M – SELLThe currency pair Euro/Australian Dollar (EUR/AUD) moves from the descending trendline down.
A continuation of the downtrend downwards to the next support at 1.75291 is certain.
Caution: A possible counter-trend in the direction of resistance at 1.76222 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.77520 |
| 2nd High | 1.76719 |
| Next High | 1.76222 |
| Current Price | 1.75952 |
| Next Low | 1.75291 |
| 2nd Low | 1.73858 |
| 3rd Low | 1.73686 |
1.76222 – 1.75754 – 1.75312 – 1.75291 – 1.75505 – 1.73858