EUR/AUD – 30M – SELLThe currency pair Euro/Australian Dollar (EUR/AUD) moves from the bullish trendline down.
A descending movement down to the next support at is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 1.73975 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.75177 |
| 2nd High | 1.74741 |
| Next High | 1.73975 |
| Current Price | 1.73430 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.73975 – 1.74741 – 1.75177 – 1.72907 – 1.74147 – 1.74445 —
1.73290 – 1.73568 —
43.727359761341 – 57.537748080243 —
– —
1.73975 – 1767753000
Trading Signals: FOREX – EUR – EUR/AUD – AUD – – Rising Wedge Chart Pattern – – – – – – – –