EUR/AUD – 1H – SELLThe combination Euro/Australian Dollar (EUR/AUD) jumps from the ascending trendline down.
A bearish trend downwards to the next support line at 1.78136 is expected.
Caution: A possible change in the direction of the resistance line at 1.78759 could happen.
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 | 1.78158 |
| Next Low | 1.78136 |
| 2nd Low | 1.77991 |
| 3rd Low | 1.77282 |
1.78759 – 1.78991 – 1.79759 – 1.78136 – 1.77991 – 1.78522 — 36.980417645917 – 32.470771807439 — 15.228224621182 – 8.5081829626521 – 20.307692785764 – 15.705128003768
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Three Black Crows – Double top chart pattern – –