EUR/AUD – 30M – SELL

The currency pair Euro/Australian Dollar (EUR/AUD) moves from the bearish trendline downwards

A continuation of the bearish trend downwards to the next support level at is considered certain.

Caution: A possible reversal of the trend in the direction of resistance at 1.78418 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Current target is 1.77867188 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support zone at 1.78418 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

1.78418 – 1.79344 – 1.79101 – 1.78008 – 1.78629 – 1.77411 —
1.78314 – 1.78373 —
44.427472121918 – 50.618406327087 —
– —
1.78418 – 1763956800

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