The currency pair Euro/Australian Dollar (EUR/AUD) jumps from the bearish trendline downwards
A continuation of the downward movement down to the next support at will persist.
Caution: A possible trend reversal in the direction of the resistance zone at 1.67624 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.68052 |
| 2nd High | 1.67895 |
| Next High | 1.67624 |
| Current Price | 1.67250 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.67624 – 1.67895 – 1.68052 – 1.67071 – 1.66973 – 1.66892 —
1.67517 – 1.67299 —
49.278379745929 – 49.329660747294 —
– —
1.67624 – 1774944000
Trading Signals: FOREX – EUR – EUR/AUD – AUD – – – – – – – – – –