The combination Euro/Australian Dollar (EUR/AUD) jumps from the bearish trendline downwards
A continuation of the downtrend downwards to the next support level at 1.63223 is likely expected.
Caution: A possible trend reversal in the direction of the resistance level at 1.64061 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.64801 |
| 2nd High | 1.64625 |
| Next High | 1.64061 |
| Current Price | 1.63872 |
| Next Low | 1.63223 |
| 2nd Low | 1.63027 |
| 3rd Low | 1.62892 |
1.64061 – 1.64625 – 1.64801 – 1.63223 – 1.63309 – 1.64312 —
1.63569 – 1.63989 —
46.146536599284 – 64.32088812431 —
– —
1.64061 – 1784174400
Trading Signals: FOREX – EUR – EUR/AUD – AUD – – – – – – – – – –