The currency pair Euro/Australian Dollar (EUR/AUD) goes from the bearish trendline downwards
A continuation of the downtrend downwards to the next support level at 1.74973 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 1.77565 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.78831 |
| 2nd High | 1.78228 |
| Next High | 1.77565 |
| Current Price | 1.76865 |
| Next Low | 1.74973 |
| 2nd Low | 1.74614 |
| 3rd Low | 1.73885 |
1.77565 – 1.78228 – 1.78831 – 1.76883 – 1.77355 – 1.77220
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Northern Doji