EUR/AUD – 30M – SELLIn addition a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair could go down.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Current target is 1.6968 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support line at 1.72337 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.74663 |
| 2nd High | 1.74224 |
| Next High | 1.72337 |
| Current Price | 1.69997 |
| Next Low | 1.69680 |
| 2nd Low | |
| 3rd Low |
1.72337 – 1.71811 – 1.7194 – 1.69680 – 1.71116 – 1.71419 —
1.69808 – 1.70316 —
15.972782568674 – 44.335906452449 —
1.69680 – 1769643000 —
1.72337 – 1769553000
Trading Signals: FOREX – EUR – EUR/AUD – AUD – – Inverse Head and Shoulder chart pattern – – – – – – – –