The currency pair Euro/Australian Dollar (EUR/AUD) goes from the ascending trendline downwards
A descent downwards to the next support at 0 will continue.
Caution: A possible trend reversal in the direction of the resistance level at 0 is within the realm of possibility.
Consider stop-loss settings accordingly.
There is also a ‘%K crosses above %D’ indicator layout is discovered. The indicator is ‘%K crosses above %D’. which is often a bullish chart signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0 |
| 2nd High | 0 |
| Next High | 0 |
| Current Price | 1.77327 |
| Next Low | 0 |
| 2nd Low | 0 |
| 3rd Low | 0 |
1.78472 – 1.79771 – 1.79081 – 1.76895 – 1.77104 – 1.77367 —
1.77279 – 1.77312 —
43.11993726684 – 49.180692567677 —
– —
1.78472 – 1764165600
Trading Signals: FOREX – EUR – EUR/AUD – AUD – – Double top retreat up – – – – – – – –