EUR/AUD – 30M – SELL

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

A continuation of the downward movement down to the next support at 1.61356 is considered certain.

Caution: A possible trend reversal in the direction of resistance at 1.62939 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

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

Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 1.62584402 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support line at 1.62939 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

1.62939 – 1.62802 – 1.6235 – 1.61356 – 1.61282 – 1.62683 —
1.62667 – 1.62906 —
53.853199397563 – 65.814288873623 —
– —
1.62939 – 1773370800

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