EUR/AUD – 30M – SELLThe currency pair Euro/Australian Dollar (EUR/AUD) jumps from the descending trendline downwards
A continuation of the bearish trend downwards to the next support level at 1.74614 is certain.
Caution: A possible change in the direction of the resistance zone at 1.75507 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.76091 |
| 2nd High | 1.75567 |
| Next High | 1.75507 |
| Current Price | 1.75186 |
| Next Low | 1.74614 |
| 2nd Low | 1.73887 |
| 3rd Low | 1.73885 |
1.75507 – 1.75364 – 1.75441 – 1.74614 – 1.74916 – 1.74921
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Three Inside Down