EUR/AUD – 30M – SELLThe combination Euro/Australian Dollar (EUR/AUD) moves from the bearish trendline down.
A continuation of the downtrend down to the next support line at 1.7626 will continue.
Caution: A possible reversal of the trend in the direction of the resistance level at 1.77897 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.78759 |
| 2nd High | 1.78581 |
| Next High | 1.77897 |
| Current Price | 1.76379 |
| Next Low | 1.7626 |
| 2nd Low | 1.75118 |
| 3rd Low | 1.74973 |
1.77897 – 1.78581 – 1.78759 – 1.76543 – 1.76691 – 1.77596 — 35.535329486901 – 32.818466925441 — 48.803545051699 – 15.470211718365 – 58.307400668309 – 43.930317070121
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Three Black Crows – Triple top chart pattern – –