EUR/AUD – 1H – SELLThe currency pair Euro/Australian Dollar (EUR/AUD) moves from the ascending trendline downwards
The bearish trend down to the next support level at 1.74733 is expected.
Caution: A possible trend reversal in the direction of the resistance line at 1.76867 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.78820 |
| 2nd High | 1.77520 |
| Next High | 1.76867 |
| Current Price | 1.76335 |
| 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 Inside Down