EUR/AUD – 30M – SELL

The currency pair moves from the ascending trendline downwards

A bearish descent downwards to the next support at 1.61096 is likely expected.

Caution: A possible counter-trend in the direction of resistance at 1.62562 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is likely expected. Current target is 1.62029 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support zone at 1.62562 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Download EUR/AUD Signal Image

Trading Signals: FOREX – EUR – EUR/AUD – AUD