EUR/AUD – 1H – SELL
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 1.64522 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support zone at 1.65352 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.66172 |
2nd High | 1.65644 |
Next High | 1.65352 |
Current Price | 1.64834 |
Next Low | 1.64522 |
2nd Low | 1.64452 |
3rd Low | 1.64142 |