The currency pair Euro/Australian Dollar (EUR/AUD) moves from the bearish trendline down.
A continuation of the downtrend downwards to the next support level at 1.64793 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 1.65688 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish signal. The pair is likely to go down.
Besides a ‘StochRSI %K falls below 0.8’ indicator layout is detected. The indicator shows ‘StochRSI %K falls below 0.8’. this is usually a bearish signal. The pair is likely to go down.
Besides a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which could be a negative chart signal. The currency pair is likely to fall.
Besides a ‘Three Black Crows’ candlestick pattern is found. The chart forms ‘Three Black Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.66273 |
| 2nd High | 1.6595 |
| Next High | 1.65688 |
| Current Price | 1.64729 |
| Next Low | 1.64793 |
| 2nd Low | 1.64523 |
| 3rd Low | 1.64241 |
1.65688 – 1.6595 – 1.65199 – 1.64793 – 1.64523 – 1.64241 —
1.65371 – 1.65353 —
50.670701343124 – 46.434197087654 —
– —
1.65688 – 1772814600
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Three Black Crows – – – – – – – – –