EUR/AUD – 1H – SELL

The currency pair goes from the descending trendline downwards

A continuation of the downtrend downwards to the next support line at 1.62899 is likely expected.

Caution: A possible change in the direction of the resistance level at 1.64756 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 1.63842 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support level at 1.64756 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Download EUR/AUD Signal Image

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