EUR/AUD – 1H – SELLThe currency pair Euro/Australian Dollar (EUR/AUD) moves from the bearish trendline down.
A continuation of the bearish trend down to the next support at 1.78332 will continue.
Caution: A possible trend reversal in the direction of the resistance zone at 1.79739 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.80162 |
| 2nd High | 1.79904 |
| Next High | 1.79739 |
| Current Price | 1.79474 |
| Next Low | 1.78332 |
| 2nd Low | 1.78112 |
| 3rd Low | 1.77282 |
1.79739 – 1.79415 – 1.79018 – 1.78332 – 1.78367 – 1.78112
Trading Signals: FOREX – EUR – EUR/AUD – AUD – – Rising Wedge Chart Pattern