EUR/AUD – 1H – SELLThe combination Euro/Australian Dollar (EUR/AUD) goes from the ascending trendline downwards
A descent down to the next support at 1.74733 is expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 1.76867 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.78820 |
| 2nd High | 1.77520 |
| Next High | 1.76867 |
| Current Price | 1.76438 |
| Next Low | 1.74733 |
| 2nd Low | 1.74636 |
| 3rd Low | 1.73885 |
1.76867 – 1.76371 – 1.76272 – 1.74733 – 1.75444 – 1.74636
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Three Black Crows