The combination Euro/Australian Dollar (EUR/AUD) jumps from the descending trendline downwards
A continuation of the downward movement down to the next support line at 1.65581 is expected.
Caution: A possible counter-trend in the direction of the resistance zone at 1.66158 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.66994 |
| 2nd High | 1.66968 |
| Next High | 1.66158 |
| Current Price | 1.65237 |
| Next Low | 1.65581 |
| 2nd Low | 1.65377 |
| 3rd Low | 1.6517 |
1.66158 – 1.65859 – 1.6615 – 1.65581 – 1.65377 – 1.6517 —
1.65676 – 1.65346 —
35.029451242661 – 38.151155798415 —
– —
1.66158 – 1775736000
Trading Signals: FOREX – EUR – EUR/AUD – AUD – – Symmetrical Triangle Chart Pattern – – – – – – – –