EUR/AUD – 1H – SELL

The currency pair Euro/Australian Dollar (EUR/AUD) moves from the descending trendline down.

A continuation of the downtrend downwards to the next support level at 1.61839 is likely expected.

Caution: A possible trend reversal in the direction of the resistance zone at 1.62548 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The currency pair is likely to fall.

1.62548 – 1.63721 – 1.63348 – 1.61839 – 1.62483 – 1.62796 —
1.62548 – 1.62372 —
53.378485326788 – 48.689558350568 —
1.62548 – 1778094000 —
– 1778094000

Trading Signals: FOREX – EUR – EUR/AUD – AUD – – – – – – – – – –