The combination Euro/Australian Dollar (EUR/AUD) jumps from the descending trendline down.
A continuation of the downward movement down to the next support level at 1.74916 will persist.
Caution: A possible trend reversal in the direction of resistance at 1.75441 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.76091 |
| 2nd High | 1.75567 |
| Next High | 1.75441 |
| Current Price | 1.74854 |
| Next Low | 1.74916 |
| 2nd Low | 1.74794 |
| 3rd Low | 1.74733 |
1.75441 – 1.75567 – 1.76091 – 1.74916 – 1.74921 – 1.75379
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Northern Doji