EUR/AUD – 1H – SELL

Also there is a ‘Double bottom retreat down’ chart formation is existing. The chart shows ‘Double bottom retreat down’. this is a bearish pattern signal. The currency pair is likely to fall.

The combination Euro/Australian Dollar (EUR/AUD) moves from the ascending trendline downwards

The bearish trend downwards to the next support at 1.78748 is considered certain.

Caution: A possible counter-trend in the direction of the resistance level at 1.79647 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

1.79647 – 1.79648 – 1.79612 – 1.78748 – 1.79042 – 1.78849 — 62.881444029276 – 56.064154905792 — 62.941831716793 – 40.956883201565 – 70.103281003889 – 58.047648057405

Trading Signals: FOREX – EUR – EUR/AUD – AUD – – Double bottom retreat down – –