Sell EUR/AUD – 1H – SELL

Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish signal. The currency pair could go down.

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 1.73322478 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support level at 1.74559 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Support & Resistance Price Range*
3rd High 1.74741
2nd High 1.74562
Next High 1.74559
Current Price 1.73569
Next Low
2nd Low
3rd Low

1.74559 – 1.74562 – 1.74449 – 1.72985 – 1.7379 – 1.73553 —
1.73954 – 1.73880 —
65.06167192888 – 58.01878983134 —
– —
1.74559 – 1768453200

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