EUR/AUD – 30M – SELLThe combination Euro/Australian Dollar (EUR/AUD) moves from the ascending trendline down.
A descending movement down to the next support level at 1.77220 will persist.
Caution: A possible trend reversal in the direction of the resistance line at 1.78831 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.79828 |
| 2nd High | 1.78876 |
| Next High | 1.78831 |
| Current Price | 1.77633 |
| Next Low | 1.77220 |
| 2nd Low | 1.75118 |
| 3rd Low | 1.74973 |
1.78831 – 1.78324 – 1.77650 – 1.77220 – 1.75118 – 1.74973
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Three Black Crows