The pair Euro/Australian Dollar (EUR/AUD) goes from the ascending trendline down.
A descent downwards to the next support line at 1.74958 will continue.
Caution: A possible counter-trend in the direction of the resistance zone at 1.76225 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘%K fall below 80’ indicator layout is existing. The indicator is ‘%K fall below 80’. which is often a bearish chart signal. The currency pair is likely to fall.
Then a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.76693 |
| 2nd High | 1.76291 |
| Next High | 1.76225 |
| Current Price | 1.76051 |
| Next Low | 1.74958 |
| 2nd Low | 1.74919 |
| 3rd Low | 1.74904 |
1.75549 – 1.75262 – 1.75393 – 1.74958 – 1.74919 – 1.74904 —
1.75845 – 1.76290 —
69.024547468847 – 73.984527845025 —
– —
1.75549 – 1765386000
Trading Signals: FOREX – EUR – EUR/AUD – AUD – – – – – – – – – –