EUR/AUD – 30M – SELL
The combination jumps from the bearish trendline downwards
A continuation of the downward movement down to the next support at 1.61951 will continue.
Caution: A possible counter-trend in the direction of the resistance level at 1.62507 could occur.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.64295 |
2nd High | 1.63208 |
Next High | 1.62507 |
Current Price | 1.61525 |
Next Low | 1.61951 |
2nd Low | 1.61836 |
3rd Low | 1.61726 |