The pair Euro/Australian Dollar (EUR/AUD) jumps from the descending trendline downwards
A continuation of the downtrend down to the next support level at will continue.
Caution: A possible counter-trend in the direction of the resistance level at 1.63166 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘StochRSI Hidden Bearish Divergence’ indicator signal is discovered. The indicator shows ‘StochRSI Hidden Bearish Divergence’. In der Regel bedeutet das ein negatives signal. Das Paar tendiert eventuell nach unten.
There is also a ‘Matching Low’ candlestick pattern is detected. The chart shows ‘Matching Low’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.65157 |
| 2nd High | 1.64582 |
| Next High | 1.63166 |
| Current Price | 1.61839 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.63166 – 1.64582 – 1.65157 – 1.62683 – 1.64116 – 1.64244 —
1.61729 – 1.61976 —
30.657768389276 – 48.344926230961 —
– —
1.63166 – 1773183600
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Matching Low – – – – – – – – –