The combination Euro/Australian Dollar (EUR/AUD) moves from the bearish trendline downwards
A continuation of the bearish trend down to the next support level at 1.711 will continue.
Caution: A possible change in the direction of the resistance line at 1.7194 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.74663 |
| 2nd High | 1.72119 |
| Next High | 1.7194 |
| Current Price | 1.71606 |
| Next Low | 1.711 |
| 2nd Low | 1.70989 |
| 3rd Low | 1.70527 |
1.7194 – 1.71927 – 1.72119 – 1.711 – 1.70989 – 1.71581 —
1.71907 – 1.71810 —
56.570086952591 – 54.147032349923 —
– —
1.71940 – 1769479200
Trading Signals: FOREX – EUR – EUR/AUD – AUD – – Double bottom retreat down – – – – – – – –