The pair Euro/Australian Dollar (EUR/AUD) moves from the descending trendline downwards
A continuation of the downward movement downwards to the next support level at 1.64864 is likely expected.
Caution: A possible trend reversal in the direction of resistance at 1.65027 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.65579 |
| 2nd High | 1.65297 |
| Next High | 1.65027 |
| Current Price | 1.64872 |
| Next Low | 1.64864 |
| 2nd Low | 1.64343 |
| 3rd Low | 1.64317 |
1.65027 – 1.65297 – 1.65579 – 1.64864 – 1.64917 – 1.64866 —
1.64985 – 1.64899 —
44.457935745045 – 42.66441832628 —
– —
1.65027 – 1783087200
Trading Signals: FOREX – EUR – EUR/AUD – AUD – – – – – – – – – –