EUR/AUD – 1H – SELL

The pair Euro/Australian Dollar (EUR/AUD) jumps from the bearish trendline downwards

A continuation of the downward movement down to the next support level at 1.77652 is considered certain.

Caution: A possible change in the direction of the resistance zone at 1.78259 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which could be a negative chart signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 1.77779426 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of support at 1.78259 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

1.78259 – 1.77666 – 1.76682 – 1.77652 – 1.76221 – 1.76018 — 62.329796190965 – 59.360885756383 — 77.634306613722 – 79.075674731521 – 72.218357004043 – 75.740872472264

Trading Signals: FOREX – EUR – EUR/AUD – AUD – – – –