EUR/AUD – 30M – SELLThe pair Euro/Australian Dollar (EUR/AUD) jumps from the descending trendline down.
A continuation of the downtrend down to the next support level at 1.73325 is expected.
Caution: A possible counter-trend in the direction of the resistance line at 1.73827 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘%K crosses below %D’ indicator layout is existing. The indicator shows ‘%K crosses below %D’. which could be a negative chart scenario. The currency pair could go down.
There is also a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which could be a negative chart signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.74741 |
| 2nd High | 1.73975 |
| Next High | 1.73827 |
| Current Price | 1.73654 |
| Next Low | 1.73325 |
| 2nd Low | 1.72907 |
| 3rd Low | 1.72472 |
1.73827 – 1.73975 – 1.74741 – 1.73325 – 1.72907 – 1.74147 —
1.73760 – 1.73832 —
60.378523553125 – 62.792545706887 —
– —
1.73827 – 1767808800
Trading Signals: FOREX – EUR – EUR/AUD – AUD – – Head and Shoulder chart pattern – – – – – – – –