EUR/AUD – 30M – SELL

The currency pair Euro/Australian Dollar (EUR/AUD) moves from the descending trendline downwards

A continuation of the downtrend downwards to the next support at 1.78629 is considered certain.

Caution: A possible counter-trend in the direction of resistance at 1.79101 should always be considered.
Consider stop-loss settings accordingly.

And also a ‘%K crosses below %D’ indicator layout is found. The indicator is ‘%K crosses below %D’. which is often a bearish chart signal. The currency pair is likely to fall.

And also a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is considered certain. Current target is 1.7873934 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support line at 1.79101 should always be considered.
Consider stop-loss settings accordingly.

1.79101 – 1.77966 – 1.78669 – 1.78629 – 1.77411 – 1.7748 —
1.78754 – 1.79143 —
54.481690559771 – 65.085822460637 —
1.78629 – 1763692200 —
1.79101 – 1763672400

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