The currency pair Euro/Australian Dollar (EUR/AUD) jumps from the bullish trendline downwards
A descent down to the next support line at 1.64917 is certain.
Caution: A possible change in the direction of resistance at 1.65579 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The pair is likely to go down.
Also there is a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which could be a negative chart scenario. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.66183 |
| 2nd High | 1.65677 |
| Next High | 1.65579 |
| Current Price | 1.64921 |
| Next Low | 1.64917 |
| 2nd Low | 1.64866 |
| 3rd Low | 1.64317 |
1.65579 – 1.65677 – 1.66183 – 1.64917 – 1.64866 – 1.64962 —
1.65248 – 1.65021 —
48.820250534044 – 42.342538514256 —
– —
1.65579 – 1783004400
Trading Signals: FOREX – EUR – EUR/AUD – AUD – – – – – – – – – –