EUR/AUD – 30M – SELL

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

A continuation of the bearish trend downwards to the next support level at 1.63792 is expected.

Caution: A possible trend reversal in the direction of the resistance zone at 1.64287 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The currency pair is likely to fall.

Next a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The pair is likely to go down.

1.64287 – 1.64496 – 1.64628 – 1.63792 – 1.6367 – 1.6414 —
1.64109 – 1.64266 —
50.94881477855 – 63.551506449152 —
– —
1.64287 – 1781481600

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