EUR/AUD – 1D – SELL

The EUR/AUD daily chart is firing a dense cluster of bearish signals, led by a Bear Flag continuation pattern and a series of momentum crossovers (MOM, ROC, ROCR) all turning down, alongside a DEMA breakdown and EMA retreat. The combination of a classic bearish chart pattern with multiple indicator confirmations and a retreat from the higher-timeframe trendline points to a high-probability sell setup. The trend is consistently bearish across all monitored timeframes, though most are choppy or sideways, with only the 2H and 8H showing a forming trend. This suggests the bearish momentum is building but not yet fully established on the lower timeframes.

Key levels to watch are the nearest resistance at 1.64446, which should hold as new supply, and the nearest support at 1.61104, which is the immediate downside target. A break below this support would open the door for further declines, while a daily close above the resistance would invalidate the bearish setup. The confluence of the Bear Flag, multiple zero-line crossovers, and the DEMA breakdown provides a strong technical case for continued downside, but the choppy nature of most timeframes warrants caution and tight risk management.