EUR/AUD – 30M – SELLThe currency pair Euro/Australian Dollar (EUR/AUD) jumps from the ascending trendline downwards
A bearish movement downwards to the next support line at 1.79154 will continue.
Caution: A possible trend reversal in the direction of the resistance zone at 1.79576 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which could be a negative signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.79913 |
| 2nd High | 1.79898 |
| Next High | 1.79576 |
| Current Price | 1.79423 |
| Next Low | 1.79154 |
| 2nd Low | 1.78331 |
| 3rd Low | 1.78112 |
1.79576 – 1.79498 – 1.79898 – 1.79154 – 1.78331 – 1.78748 — 61.587114026888 – 52.129190299482 — 90.507911740583 – 62.149672928044 – 74.900396401645 – 78.382772938753