The currency pair Euro/Australian Dollar (EUR/AUD) moves from the bearish trendline down.
A continuation of the downward movement down to the next support at 1.63942 will continue.
Caution: A possible trend reversal in the direction of the resistance level at 1.64332 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart signal. The pair is likely to go down.
Additionally a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The pair is likely to go down.
Additionally a ‘RSI Hidden Bearish Divergence’ indicator layout is discovered. The indicator shows ‘RSI Hidden Bearish Divergence’. which is often a bearish chart signal. The pair is likely to go down.
Additionally a ‘MACD-Hist Hidden Bearish Divergence’ indicator layout is discovered. The indicator shows ‘MACD-Hist Hidden Bearish Divergence’. which is often a bearish chart signal. The pair is likely to go down.
Additionally a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.64803 |
| 2nd High | 1.64562 |
| Next High | 1.64332 |
| Current Price | 1.64265 |
| Next Low | 1.63942 |
| 2nd Low | 1.62897 |
| 3rd Low | 1.62571 |
1.64332 – 1.64562 – 1.64803 – 1.64265 – 1.63942 – 1.64063 —
1.64332 – 1.64318 —
48.996122499381 – 56.377244851852 —
1.64332 – 1776742200 —
– 1776742200
Trading Signals: FOREX – EUR – EUR/AUD – AUD – – – – – – – – – –