The combination Euro/Australian Dollar (EUR/AUD) moves from the descending trendline downwards
A continuation of the bearish trend down to the next support level at 1.66229 will continue.
Caution: A possible reversal of the trend in the direction of the resistance line at 1.67822 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.68542 |
| 2nd High | 1.68486 |
| Next High | 1.67822 |
| Current Price | 1.66423 |
| Next Low | 1.66229 |
| 2nd Low | 1.65996 |
| 3rd Low | 1.65939 |
1.67822 – 1.68486 – 1.68542 – 1.66229 – 1.66338 – 1.67103 —
1.67012 – 1.66743 —
62.432493564639 – 48.943086802694 —
– —
1.67822 – 1770805800
Trading Signals: FOREX – EUR – EUR/AUD – AUD – – Double bottom chart pattern – – – – – – – –