EUR/AUD – 1H – SELLThe pair Euro/Australian Dollar (EUR/AUD) jumps from the bearish trendline down.
A continuation of the downtrend downwards to the next support line at 1.73868 is certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 1.74544 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘%K crosses below %D’ indicator layout is detected. The indicator is ‘%K crosses below %D’. which could be a negative chart signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.75785 |
| 2nd High | 1.74741 |
| Next High | 1.74544 |
| Current Price | 1.74255 |
| Next Low | 1.73868 |
| 2nd Low | 1.72907 |
| 3rd Low | 1.72472 |
1.74544 – 1.74741 – 1.75785 – 1.73868 – 1.72907 – 1.74271 —
1.74078 – 1.74370 —
49.935648695706 – 62.983266450091 —
– —
1.74544 – 1767859200
Trading Signals: FOREX – EUR – EUR/AUD – AUD – – Double top chart pattern – – – – – – – –