EUR/AUD – 30M – SELL

The EUR/AUD pair is exhibiting a strong bearish signal on the 30-minute timeframe, supported by a confluence of technical patterns including Trendline Retreat Down, Double Bottom and its retreat variant, Triple Bottom and its retreat variant, BOP Zero Cross Down, STOCHF KD Cross Down, and WILLR OB Exit. These signals collectively indicate a high-probability (81%) continuation of the downtrend. The broader trend alignment is consistently bearish across the 30-minute to 12-hour timeframes, with scores improving from choppy/sideways (1/5) to trend forming (2/5) as you extend the horizon, suggesting that the lower-timeframe bearish signals are in sync with higher-timeframe sentiment.

Key levels to watch are immediate support at 1.60861 and resistance at 1.61122. A break below support could accelerate the move, while a bounce from support may indicate a temporary pause. The 15-minute timeframe, despite being labeled bullish, is also choppy/sideways with a low trend score, so its conflicting view shouldn't outweigh the broader bearish alignment. Traders should monitor that if price fails to respect the support or reverses above the resistance, the setup could lose its edge.