The currency pair Euro/Australian Dollar (EUR/AUD) goes from the bearish trendline downwards
A continuation of the downtrend downwards to the next support line at 1.68956 is expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 1.70339 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The pair is likely to go down.
Then a ‘StochRSI Hidden Bearish Divergence’ indicator signal is discovered. The indicator is ‘StochRSI Hidden Bearish Divergence’. this is usually a bearish chart signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.74224 |
| 2nd High | 1.72337 |
| Next High | 1.70339 |
| Current Price | 1.69733 |
| Next Low | 1.68956 |
| 2nd Low | 1.67172 |
| 3rd Low | 1.67079 |
1.70339 – 1.72337 – 1.71811 – 1.68956 – 1.6968 – 1.71116 —
1.69451 – 1.69808 —
38.753765685934 – 54.074760218169 —
– —
1.70339 – 1769657400
Trading Signals: FOREX – EUR – EUR/AUD – AUD – – – – – – – – – –