EUR/AUD – 1H – SELLThe currency pair Euro/Australian Dollar (EUR/AUD) goes from the descending trendline down.
A continuation of the bearish trend down to the next support level at 1.69413 is considered certain.
Caution: A possible change in the direction of the resistance level at 1.71023 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.74663 |
| 2nd High | 1.72337 |
| Next High | 1.71023 |
| Current Price | 1.70255 |
| Next Low | 1.69413 |
| 2nd Low | 1.68932 |
| 3rd Low | 1.67172 |
1.71023 – 1.72337 – 1.7194 – 1.69413 – 1.68932 – 1.71419 —
1.70995 – 1.70689 —
61.798405989016 – 50.835405881018 —
– —
1.71023 – 1769706000
Trading Signals: FOREX – EUR – EUR/AUD – AUD – – Head and Shoulder chart pattern – – – – – – – –