Sell EUR/AUD – 1H – SELL

Besides a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The currency pair could go down.

Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Current target is 1.67613 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of support at 1.71465 could be enabled.
Consider stop-loss settings accordingly.

Support & Resistance Price Range*
3rd High 1.74663
2nd High 1.72337
Next High 1.71465
Current Price 1.68359
Next Low 1.67613
2nd Low 1.67172
3rd Low 1.67079

1.71465 – 1.71023 – 1.72337 – 1.67613 – 1.69413 – 1.68932 —
1.68436 – 1.68710 —
37.343086229188 – 46.994644114301 —
– —
1.71465 – 1770019200

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