EUR/AUD – 30M – SELL

The pair Euro/Australian Dollar (EUR/AUD) moves from the descending trendline downwards

A continuation of the bearish trend downwards to the next support line at 1.62483 is likely expected.

Caution: A possible change in the direction of the resistance line at 1.63135 should always be considered.
Consider stop-loss settings accordingly.

There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart signal. The currency pair is likely to fall.

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

There is also a ‘Matching Low’ candle chart pattern is found. The chart shows ‘Matching Low’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ going up is 61% (Bull & Bear Market).

1.63135 – 1.63347 – 1.64015 – 1.62483 – 1.62796 – 1.62982 —
1.63037 – 1.63143 —
57.229207906951 – 58.309925007715 —
– —
1.63135 – 1777899600

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Matching Low – – – – – – – – –