The pair Euro/Australian Dollar (EUR/AUD) moves from the bullish trendline down.
A descending movement down to the next support at 1.7359 is likely expected.
Caution: A possible trend reversal in the direction of resistance at 1.74544 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The currency pair could go down.
Besides a ‘StochOSC Hidden Bearish Divergence’ indicator signal is discovered. The indicator is ‘StochOSC Hidden Bearish Divergence’. which is often a bearish chart signal. The currency pair could go down.
Besides a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which is often a bearish chart scenario. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.75177 |
| 2nd High | 1.74741 |
| Next High | 1.74544 |
| Current Price | 1.73965 |
| Next Low | 1.7359 |
| 2nd Low | 1.73325 |
| 3rd Low | 1.72907 |
1.74544 – 1.73827 – 1.73975 – 1.7359 – 1.73325 – 1.72907 —
1.74075 – 1.74083 —
42.213412453048 – 50.281192083181 —
– —
1.74544 – 1767859200
Trading Signals: FOREX – EUR – EUR/AUD – AUD – – – – – – – – – –