| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Buy | Buy | Neutral |
| Stochastic(5;3;3) | Neutral | Buy | Buy |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇒ | ⇘ |
The common European currency declined by 1.66% against the Australian Dollar during last week's trading sessions. The currency pair breached the 1.5850 level last week.
Technical indicators suggest selling signals on the 4H, daily and weekly time-frame charts. Most likely, the exchange rate could continue to edge lower during the following trading sessions.
However, the weekly support level at 1.5750 could provide support for the EUR/AUD currency exchange rate within this week's trading sessions.