Sell EUR/AUD – 1H – SELL

The combination Euro/Australian Dollar (EUR/AUD) jumps from the descending trendline down.

A continuation of the downward movement down to the next support at is expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 1.68309 is within the realm of possibility.
Consider stop-loss settings accordingly.

There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The currency pair could go down.

There is also a ‘MACD crosses below signal’ indicator layout is discovered. The indicator shows ‘MACD crosses below signal’. this is usually a bearish chart scenario. The currency pair could go down.

Support & Resistance Price Range*
3rd High 1.69046
2nd High 1.68542
Next High 1.68309
Current Price 1.67490
Next Low
2nd Low
3rd Low

1.68309 – 1.68542 – 1.69046 – 1.67181 – 1.66229 – 1.66338 —
1.67556 – 1.67754 —
49.126945650224 – 53.558338863946 —
– —
1.68309 – 1770998400

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