EUR/AUD – 1H – SELLThe currency pair Euro/Australian Dollar (EUR/AUD) goes from the descending trendline downwards
A continuation of the downtrend downwards to the next support line at 1.74614 is certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 1.76134 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.77072 |
| 2nd High | 1.76396 |
| Next High | 1.76134 |
| Current Price | 1.75072 |
| Next Low | 1.74614 |
| 2nd Low | 1.73885 |
| 3rd Low | 1.73391 |
1.76134 – 1.76049 – 1.76396 – 1.74614 – 1.74916 – 1.75226