EUR/AUD – 1H – SELL

Moreover a ‘Symmetrical Triangle Chart Pattern’ chart layout is detected. The chart forms ‘Symmetrical Triangle Chart Pattern’. which is a negative signal. The currency pair is likely to go down.

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

A continuation of the downtrend down to the next support line at is expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 1.62872 is within the realm of possibility.
Consider stop-loss settings accordingly.

Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish signal. The pair is likely to go down.

Moreover a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The pair is likely to go down.

1.62872 – 1.62548 – 1.63721 – 1.62428 – 1.61974 – 1.61839 —
1.62561 – 1.62678 —
49.299291992738 – 57.350115271257 —
1.62428 – 1778227200 —
1.62872 – 1778209200

Trading Signals: FOREX – EUR – EUR/AUD – AUD – – Symmetrical Triangle Chart Pattern – – – – – – – –