EURAUD chart analysis today

EURAUD is 46 days into a downtrend, coiling inside a falling wedge under a weekly downtrend. 1.61412 ends the wedge, 1.62520 resumes the rise.

Eur/aud · daily · last close 1.62372 · read computed from candles through 2026-09-02. No AI, no signal, no target.

EURAUD · Dailydaily
1.605371.626291.647221.668141.68906Falling trendlineResistance 1.66269 · 2 touchesFALLING WEDGEBreaks above 1.62520Breaks below 1.61412Weekly resistance 1.62784

The two prices that decide it

Above
1.62520 · the falling wedge
Below
1.61412 · the falling wedge
Formation state
Still forming.
Trend
lower highs and lower lows over the window, 3 steps across 46 bars, still intact
Agreement
Structure 1 of 4 (low) · indicators 0 of 3 (low)

Levels and what happened there

  • Resistance 1.66269
  • The last two times price reached 1.66269 it held once, bouncing 1.3%.
  • Bigger picture Weekly down, daily coiling. weekly — downtrend intact, falling wedge at 1.62972.
  • 52 weeks At its 52-week low of 1.61114, 11% below the 52-week high of 1.81576.

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This page is the daily read as of 2026-09-02, computed when the site was last built. On /analyze the same engine reads the live candles on five timeframes, or a screenshot from any charting app, and Coach Chad writes it up. 1 free read every 7 days, no account.

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Every figure on this page was computed from real candle data through 2026-09-02 by the same deterministic engine that reads a chart on /analyze; no language model was involved. It describes what is on the chart. It is not advice, a signal, a forecast or a recommendation. Learn to read it yourself in the chart-reading series.

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