The pair Euro/Australian Dollar (EUR/AUD) moves from the descending trendline downwards
A continuation of the downward movement down to the next support level at 1.74636 is certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 1.76134 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.77072 |
| 2nd High | 1.76396 |
| Next High | 1.76134 |
| Current Price | 1.74660 |
| Next Low | 1.74636 |
| 2nd Low | 1.73885 |
| 3rd Low | 1.73391 |
1.76134 – 1.76049 – 1.76396 – 1.74916 – 1.75226 – 1.75428
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Three Black Crows