The combination Euro/Australian Dollar (EUR/AUD) goes from the ascending trendline downwards
A bearish movement down to the next support at will persist.
Caution: A possible reversal of the trend in the direction of the resistance zone at 1.79344 should be noted.
Consider stop-loss settings accordingly.
Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The currency pair is likely to rise.
Next a ‘%K crosses above %D’ indicator signal is discovered. The indicator is ‘%K crosses above %D’. this is usually a bullish chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.7967 |
| 2nd High | 1.79358 |
| Next High | 1.79344 |
| Current Price | 1.78337 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.79344 – 1.78669 – 1.7884 – 1.77411 – 1.77703 – 1.77628 —
1.79297 – 1.78297 —
57.692792553723 – 41.853282321966 —
– —
1.79344 – 1763715600
Trading Signals: FOREX – EUR – EUR/AUD – AUD – – Double bottom retreat down – – – – – – – –