EUR/AUD – 30M – SELL

The currency pair Euro/Australian Dollar (EUR/AUD) moves from the descending trendline downwards

A continuation of the downward movement downwards to the next support at 1.66826 is certain.

Caution: A possible counter-trend in the direction of the resistance level at 1.67624 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘MACD crosses below signal’ indicator signal is detected. The indicator is ‘MACD crosses below signal’. this is usually a bearish chart signal. The currency pair is likely to fall.

Moreover a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The currency pair could go down.

1.67624 – 1.67895 – 1.68052 – 1.66826 – 1.67071 – 1.66973 —
1.67698 – 1.67707 —
63.71398580149 – 53.438401700771 —
– —
1.67624 – 1774944000

Trading Signals: FOREX – EUR – EUR/AUD – AUD – – Rising Wedge Chart Pattern – – – – – – – –