Sell EUR/AUD – 30M – SELL

The combination Euro/Australian Dollar (EUR/AUD) goes from the bearish trendline down.

A continuation of the downward movement down to the next support level at 1.64992 will persist.

Caution: A possible counter-trend in the direction of the resistance line at 1.6578 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which could be a negative chart signal. The pair is likely to go down.

Also there is a ‘Two Crows’ candle pattern is detected. The chart shows ‘Two Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 1.66968
2nd High 1.66158
Next High 1.6578
Current Price 1.65708
Next Low 1.64992
2nd Low 1.6449
3rd Low 1.62897

1.6578 – 1.66158 – 1.65859 – 1.64992 – 1.65581 – 1.65377 —
1.65752 – 1.65818 —
59.565612194644 – 60.252649978554 —
– —
1.6578 – 1775827800

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