EurAud technical analysis by using : Auto pivot indicator.
resistent level 1 - 1.6078
resistent level 2 - 1.6041
resistent level 3 - 1.6007
pivot point - 1.5970
support level 1 - 1.5936
support level 2 - 1.5899
support level 3 - 1.5865
Parabolic SAR indicator there a dot below the candles that indicates a downward direction in addition to that we can see a SELL signal on the MACD indicator that is moving above the level 0 beside that the CCI line is located at the lower level to perform a upward signal
on the chart of the this pair there is a main down trend signal as the 2 EMA 5 and 6 are moving above the slow EMA of 35 and if other indicators confirm a bearish direction then I will go for “SELL” positions.
Indicators Signal
Simple Moving Area (48): Down
Momentum (28): Down
Stochastic Oschilator : Down
Standard Deviation 60 : Neutral