Sell EUR/AUD – 4H – SELL

The currency pair Euro/Australian Dollar (EUR/AUD) moves from the bearish trendline downwards

A continuation of the bearish trend down to the next support level at will persist.

Caution: A possible change in the direction of the resistance level at 1.67194 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The pair is likely to go down.

And also a ‘Three Black Crows’ candle chart pattern is discovered. The candles show ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 1.68309
2nd High 1.67501
Next High 1.67194
Current Price 1.65067
Next Low
2nd Low
3rd Low

1.67194 – 1.67501 – 1.68309 – 1.6425 – 1.6626 – 1.66229 —
1.65238 – 1.65950 —
36.972399372311 – 54.39383892371 —
– —
1.67194 – 1772409600

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