EUR/AUD – 1H – SELLThe currency 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 1.74916 will continue.
Caution: A possible reversal of the trend in the direction of the resistance line at 1.76134 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.77072 |
| 2nd High | 1.76396 |
| Next High | 1.76134 |
| Current Price | 1.75109 |
| Next Low | 1.74916 |
| 2nd Low | 1.74733 |
| 3rd Low | 1.74636 |
1.76134 – 1.76049 – 1.76396 – 1.74916 – 1.75226 – 1.75428
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Three Inside Down