Sell EUR/AUD – 1H – SELL

The pair Euro/Australian Dollar (EUR/AUD) moves from the bullish trendline downwards

A descent down to the next support level at 1.66910 will continue.

Caution: A possible change in the direction of the resistance line at 1.67700 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Bearish Harami’ chart pattern is discovered. The chart forms ‘Bearish Harami’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High 1.68016
Next High 1.67700
Current Price 1.67320
Next Low 1.66910
2nd Low 1.66898
3rd Low 1.66311

Download EUR/AUD Signal Image

Trading Signals:

Forex and Crypto Live Trading Signals - MyLiveSignals