The currency pair Euro/Australian Dollar (EUR/AUD) jumps from the descending trendline down.
A continuation of the bearish trend downwards to the next support level at 1.62571 will persist.
Caution: A possible trend reversal in the direction of the resistance level at 1.64243 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which is often a bearish chart signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.64803 |
| 2nd High | 1.64581 |
| Next High | 1.64243 |
| Current Price | 1.62854 |
| Next Low | 1.62571 |
| 2nd Low | 1.61997 |
| 3rd Low | 1.61282 |
1.64243 – 1.63406 – 1.64182 – 1.6298 – 1.62891 – 1.63459 —
1.63280 – 1.62965 —
36.209324654018 – 29.425810599058 —
– —
1.64243 – 1777496400
Trading Signals: FOREX – EUR – EUR/AUD – AUD – – – – – – – – – –