The currency pair Euro/Australian Dollar (EUR/AUD) goes from the bearish trendline down.
A continuation of the downtrend down to the next support at 1.63459 is considered certain.
Caution: A possible counter-trend in the direction of the resistance line at 1.64101 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.64417 |
| 2nd High | 1.64125 |
| Next High | 1.64101 |
| Current Price | 1.64006 |
| Next Low | 1.63459 |
| 2nd Low | 1.63424 |
| 3rd Low | 1.62897 |
1.64101 – 1.63781 – 1.63868 – 1.63459 – 1.63424 – 1.6382 —
1.63889 – 1.64074 —
58.931270872161 – 66.295769297112 —
– —
1.64101 – 1776976200
Trading Signals: FOREX – EUR – EUR/AUD – AUD – – – – – – – – – –