The currency pair Euro/Australian Dollar (EUR/AUD) jumps from the bearish trendline downwards
A continuation of the bearish trend down to the next support line at 1.74916 is certain.
Caution: A possible counter-trend in the direction of the resistance level at 1.75441 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.76091 |
| 2nd High | 1.75567 |
| Next High | 1.75441 |
| Current Price | 1.75018 |
| Next Low | 1.74916 |
| 2nd Low | 1.74794 |
| 3rd Low | 1.74733 |
1.75441 – 1.75567 – 1.76091 – 1.74916 – 1.74921 – 1.75379
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Matching Low