EUR/AUD – 30M – SELL

The combination Euro/Australian Dollar (EUR/AUD) goes from the descending trendline down.

A continuation of the bearish trend downwards to the next support line at is certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 1.66968 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The currency pair is likely to fall.

1.66968 – 1.67357 – 1.67878 – 1.66574 – 1.6666 – 1.66821 —
1.66909 – 1.66895 —
54.191342528848 – 50.49188681096 —
– —
1.66968 – 1775471400

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