EUR/AUD – 30M – SELL

The EUR/AUD 30-minute chart has triggered a cluster of bearish signals, including a Trendline Retreat Down, a Symmetrical Triangle breakdown, and multiple overbought exit signals (CCI OB Exit, WILLR OB Exit, BBANDS UPPER Retreat Down). These are reinforced by EMA 200 and SMA 200 Retreat Down signals, indicating that price has retreated from key moving averages, aligning with the broader bearish trend seen on the 1H, 2H, and 4H timeframes. The confluence of these signals suggests strong selling pressure, with the 2H timeframe showing a solid downtrend (strength 3/5).

However, the lower timeframes (15M and 30M) are still showing bullish or sideways tendencies, which could provide temporary support. The nearest resistance is at 1.62992, while support sits at 1.62840. A break below this support could accelerate the decline, while a bounce from this level might lead to a retest of the resistance. Traders should watch for a sustained move below the support to confirm the bearish continuation.