The combination Euro/Australian Dollar (EUR/AUD) moves from the descending trendline down.
A continuation of the downward movement downwards to the next support line at 1.64063 is likely expected.
Caution: A possible change in the direction of the resistance level at 1.64612 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The pair is likely to go down.
Additionally a ‘MACD crosses below signal’ indicator layout is found. The indicator is ‘MACD crosses below signal’. this is usually a bearish chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.66217 |
| 2nd High | 1.66166 |
| Next High | 1.64612 |
| Current Price | 1.64112 |
| Next Low | 1.64063 |
| 2nd Low | 1.62897 |
| 3rd Low | 1.62571 |
1.64612 – 1.66166 – 1.66217 – 1.64063 – 1.65149 – 1.65493 —
1.64477 – 1.64476 —
47.687727970105 – 52.196215040462 —
– —
1.64612 – 1776394800
Trading Signals: FOREX – EUR – EUR/AUD – AUD – – – – – – – – – –