EUR/AUD – 30M – SELL

The pair Euro/Australian Dollar (EUR/AUD) jumps from the descending trendline down.

A continuation of the bearish trend down to the next support at 1.65597 is certain.

Caution: A possible change in the direction of resistance at 1.66251 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart signal. The currency pair could go down.

Also there is a ‘MACD crosses below signal’ indicator layout is found. The indicator shows ‘MACD crosses below signal’. which could be a negative chart signal. The currency pair could go down.

Also there is a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which could be a negative signal. The currency pair could go down.

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Current target is 1.65597 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the support level at 1.66251 could occur.
In the case of a trade, always set appropriate stop-loss settings.

1.66251 – 1.6671 – 1.66013 – 1.65597 – 1.6588 – 1.65648 —
1.66059 – 1.66188 —
55.438009991577 – 52.990252453262 —
– —
1.66251 – 1772159400

Trading Signals: FOREX – EUR – EUR/AUD – AUD – – Symmetrical Triangle Chart Pattern – – – – – – – –