EUR/AUD – 1H – SELLThe combination Euro/Australian Dollar (EUR/AUD) goes from the descending trendline downwards
A continuation of the downtrend down to the next support level at 1.74916 will persist.
Caution: A possible trend reversal in the direction of the resistance zone at 1.76134 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.77072 |
| 2nd High | 1.76396 |
| Next High | 1.76134 |
| Current Price | 1.75018 |
| Next Low | 1.74916 |
| 2nd Low | 1.74733 |
| 3rd Low | 1.74636 |
1.76134 – 1.76049 – 1.76396 – 1.74916 – 1.75226 – 1.75428