EUR/AUD – 1H – SELL

The combination Euro/Australian Dollar (EUR/AUD) goes from the descending trendline down.

A continuation of the bearish trend downwards to the next support level at 1.64241 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 1.6593 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which is often a bearish chart signal. The currency pair is likely to fall.

1.6593 – 1.66273 – 1.67194 – 1.64241 – 1.6425 – 1.65597 —
1.65061 – 1.65945 —
49.956921498213 – 72.910300148577 —
– —
1.6593 – 1772604000

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