EUR/AUD – 30M – SELL

The currency pair Euro/Australian Dollar (EUR/AUD) goes from the descending trendline down.

A continuation of the bearish trend downwards to the next support level at 1.76928 is likely expected.

Caution: A possible change in the direction of resistance at 1.77442 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The currency pair is likely to fall.

Next a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which is often a bearish chart scenario. The currency pair could go down.

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Current target is 1.77064702 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of support at 1.77442 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

1.77442 – 1.77594 – 1.7757 – 1.76928 – 1.76895 – 1.77104 —
1.77250 – 1.77418 —
47.205395493661 – 56.740307509525 —
– —
1.77442 – 1764556200

Trading Signals: FOREX – EUR – EUR/AUD – AUD – – Symmetrical Triangle Chart Pattern – – – – – – – –