EUR/AUD – 1H – SELL

The pair Euro/Australian Dollar (EUR/AUD) moves from the ascending trendline down.

The bearish trend downwards to the next support level at 1.63424 is likely expected.

Caution: A possible trend reversal in the direction of the resistance level at 1.64182 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The currency pair could go down.

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 1.63424 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the support line at 1.64182 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

1.64182 – 1.64101 – 1.63868 – 1.63459 – 1.63424 – 1.63851 —
1.63880 – 1.63719 —
50.774253114966 – 46.514654077394 —
– —
1.64182 – 1777046400

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