The pair Euro/Australian Dollar (EUR/AUD) goes from the bearish trendline downwards
A continuation of the downtrend downwards to the next support at is likely expected.
Caution: A possible counter-trend in the direction of resistance at 1.76134 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.78876 |
| 2nd High | 1.77072 |
| Next High | 1.76134 |
| Current Price | 1.75170 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.76134 – 1.77072 – 1.76988 – 1.74733 – 1.74636 – 1.73885