The pair Euro/Australian Dollar (EUR/AUD) moves from the ascending trendline downwards
A bearish trend down to the next support level at 1.75118 will continue.
Caution: A possible counter-trend in the direction of the resistance line at 1.77650 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.78876 |
| 2nd High | 1.78820 |
| Next High | 1.77650 |
| Current Price | 1.77715 |
| Next Low | 1.75118 |
| 2nd Low | 1.74973 |
| 3rd Low | 1.74614 |
1.77650 – 1.75642 – 1.75507 – 1.75118 – 1.74973 – 1.74974
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Three Black Crows