The combination moves from the bearish trendline downwards
A continuation of the downward movement down to the next support level at 1.60642 is likely expected.
Caution: A possible reversal of the trend in the direction of resistance at 1.63208 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 1.61836 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support line at 1.63208 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance |
Price Range* |
3rd High |
1.64597 |
2nd High |
1.64295 |
Next High |
1.63208 |
Current Price |
1.61525 |
Next Low |
1.60642 |
2nd Low |
1.60476 |
3rd Low |
1.60230 |
Download EUR/AUD Signal Image
Trading Signals: FOREX – EUR – EUR/AUD – AUD