EUR/AUD – 1H – SELL

The combination Euro/Australian Dollar (EUR/AUD) goes from the ascending trendline downwards

A bearish descent down to the next support level at 1.77411 is likely expected.

Caution: A possible counter-trend in the direction of resistance at 1.78669 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘MACD crosses below signal’ indicator layout is existing. The indicator is ‘MACD crosses below signal’. this is usually a bearish signal. The pair is likely to go down.

1.78669 – 1.7884 – 1.79358 – 1.77411 – 1.77703 – 1.77628 —
1.78930 – 1.79114 —
61.901331244819 – 58.850514724567 —
– —
1.78669 – 1763578800

Trading Signals: FOREX – EUR – EUR/AUD – AUD – – Rising Wedge Chart Pattern – – – –