Sell EUR/AUD – 30M – SELL

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

A continuation of the downtrend down to the next support level at 1.711 is likely expected.

Caution: A possible change in the direction of the resistance line at 1.7194 is also possible.
Consider stop-loss settings accordingly.

Also there is a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The currency pair is likely to fall.

Support & Resistance Price Range*
3rd High 1.74224
2nd High 1.72119
Next High 1.7194
Current Price 1.71715
Next Low 1.711
2nd Low 1.70989
3rd Low 1.70527

1.7194 – 1.71927 – 1.71678 – 1.711 – 1.71109 – 1.70989 —
1.71798 – 1.71907 —
54.370504690375 – 59.492665770444 —
– —
1.71940 – 1769481000

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