EUR/AUD – 30M – SELL

The pair Euro/Australian Dollar (EUR/AUD) jumps from the ascending trendline down.

A bearish trend downwards to the next support line at 1.64793 is likely expected.

Caution: A possible change in the direction of the resistance line at 1.6595 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart scenario. The currency pair is likely to fall.

And also a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The pair is likely to go down.

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Current target is 1.64675848 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of support at 1.6595 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

1.6595 – 1.65199 – 1.6593 – 1.64793 – 1.64523 – 1.64241 —
1.65014 – 1.65403 —
42.714102248124 – 55.598409253903 —
1.64793 – 1772791200 —
1.6595 – 1772740800

Trading Signals: FOREX – EUR – EUR/AUD – AUD – – – – – – – – – –