EUR/AUD – 1H – SELLThe combination Euro/Australian Dollar (EUR/AUD) goes from the ascending trendline downwards
A bearish trend downwards to the next support at will persist.
Caution: A possible change in the direction of the resistance level at 1.78170 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.79828 |
| 2nd High | 1.78691 |
| Next High | 1.78170 |
| Current Price | 1.77636 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.78170 – 1.78129 – 1.78691 – 1.77240 – 1.76501 – 1.76616