Sell EUR/AUD – 30M – SELL

The currency pair Euro/Australian Dollar (EUR/AUD) jumps from the bullish trendline downwards

A bearish movement downwards to the next support at 1.62509 is expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 1.62939 is within the realm of possibility.
Consider stop-loss settings accordingly.

Besides a indicator layout is discovered. The indicator shows ”. which is often a bearish chart scenario. The pair is likely to go down.

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Besides a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The pair is likely to go down.

Besides a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The currency pair is likely to fall.

Support & Resistance Price Range*
3rd High 1.64582
2nd High 1.63166
Next High 1.62939
Current Price 1.63062
Next Low 1.62509
2nd Low 1.61356
3rd Low 1.61282

1.62939 – 1.62802 – 1.6235 – 1.62509 – 1.61356 – 1.61282 —
1.62779 – 1.63275 —
61.844347347737 – 74.583478327671 —
– —
1.62939 – 1773370800

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