EUR/AUD – 30M – SELLThe combination Euro/Australian Dollar (EUR/AUD) goes from the descending trendline downwards
A continuation of the downtrend downwards to the next support line at 1.78522 is expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 1.78991 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.79815 |
| 2nd High | 1.79759 |
| Next High | 1.78991 |
| Current Price | 1.78624 |
| Next Low | 1.78522 |
| 2nd Low | 1.78331 |
| 3rd Low | 1.78112 |
1.78991 – 1.78854 – 1.78937 – 1.78522 – 1.78644 – 1.78971 — 42.532754171656 – 36.925763363909 — 32.516421593145 – 9.5562001933913 – 41.919242439399 – 27.548264479344
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Three Black Crows – Inverse Head and Shoulder chart pattern – –