EUR/AUD – 30M – SELL

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

A continuation of the downtrend down to the next support level at 1.77963 is likely expected.

Caution: A possible counter-trend in the direction of resistance at 1.79771 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The currency pair is likely to fall.

Besides a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.

1.79771 – 1.78418 – 1.79344 – 1.77963 – 1.78103 – 1.78143 —
1.78357 – 1.78274 —
51.830665144862 – 49.263885199158 —
– —
1.79771 – 1764088200

Trading Signals: FOREX – EUR – EUR/AUD – AUD – – Double bottom chart pattern – – – – – – – –