The pair Euro/Australian Dollar (EUR/AUD) goes from the bearish trendline down.
A continuation of the bearish trend down to the next support at 1.78522 will continue.
Caution: A possible trend reversal in the direction of the resistance line at 1.78759 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.79759 |
| 2nd High | 1.78991 |
| Next High | 1.78759 |
| Current Price | 1.78532 |
| Next Low | 1.78522 |
| 2nd Low | 1.78331 |
| 3rd Low | 1.78112 |
1.78759 – 1.78991 – 1.79759 – 1.78522 – 1.78644 – 1.78872 — 58.849626295795 – 56.754590842086 — 96.848390683788 – 90.532986031775 – 97.003753614414 – 95.793792238521
Trading Signals: FOREX – EUR – EUR/AUD – AUD – – Triple bottom chart pattern – –