EUR/AUD – 30M – SELL
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Target of the current trend is 1.649114 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support level at 1.65644 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.66302 |
| 2nd High | 1.66172 |
| Next High | 1.65644 |
| Current Price | 1.65233 |
| Next Low | 1.65094 |
| 2nd Low | 1.64522 |
| 3rd Low | 1.64452 |