The pair Euro/Australian Dollar (EUR/AUD) jumps from the bearish trendline down.
A continuation of the downward movement downwards to the next support line at 1.76632 will continue.
Caution: A possible trend reversal in the direction of the resistance zone at 1.77512 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The currency pair is likely to fall.
In addition a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which could be a negative chart signal. The currency pair is likely to fall.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.78228 |
2nd High | 1.77565 |
Next High | 1.77512 |
Current Price | 1.77007 |
Next Low | 1.76632 |
2nd Low | 1.75118 |
3rd Low | 1.74973 |
1.77512 – 1.77565 – 1.78228 – 1.76632 – 1.76883 – 1.77355