EUR/AUD – 30M – SELLThe pair Euro/Australian Dollar (EUR/AUD) moves from the bearish trendline down.
A continuation of the bearish trend down to the next support line at 1.74745 will continue.
Caution: A possible reversal of the trend in the direction of resistance at 1.76371 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.77520 |
| 2nd High | 1.76719 |
| Next High | 1.76371 |
| Current Price | 1.75173 |
| Next Low | 1.74745 |
| 2nd Low | 1.74636 |
| 3rd Low | 1.73887 |
1.76371 – 1.76103 – 1.76272 – 1.75444 – 1.75509 – 1.74745