The pair Euro/Australian Dollar (EUR/AUD) moves from the bearish trendline downwards
A continuation of the downtrend down to the next support line at 1.74614 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 1.75507 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.76396 |
| 2nd High | 1.76134 |
| Next High | 1.75507 |
| Current Price | 1.75170 |
| Next Low | 1.74614 |
| 2nd Low | 1.73885 |
| 3rd Low | 1.73391 |
1.75507 – 1.76134 – 1.76049 – 1.74614 – 1.74916 – 1.75226