EUR/AUD – 1H – SELLThe combination Euro/Australian Dollar (EUR/AUD) jumps from the bearish trendline downwards
A continuation of the downward movement downwards to the next support level at 1.71419 is considered certain.
Caution: A possible trend reversal in the direction of resistance at 1.7194 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart signal. The currency pair could go down.
Besides a ‘ ‘ indicator signal is detected. The indicator is ‘ ‘. which could be a negative chart signal. The currency pair could go down.
Besides a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The currency pair could go down.
Besides a ‘Collapsing Doji Star’ chart pattern is discovered. The chart forms ‘Collapsing Doji Star’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Collapsing Doji Star’ going down is 63% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.74663 |
| 2nd High | 1.72119 |
| Next High | 1.7194 |
| Current Price | 1.71659 |
| Next Low | 1.71419 |
| 2nd Low | 1.711 |
| 3rd Low | 1.70989 |
1.7194 – 1.71927 – 1.72119 – 1.71419 – 1.711 – 1.70989 —
1.71727 – 1.71782 —
47.716900213802 – 55.522948480027 —
– —
1.71940 – 1769479200
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Collapsing Doji Star – – – – – – – – –