TradeWize · free chart read

EURAUD is coiling inside a falling wedge under a daily downtrend. 1.61831 ends the wedge, 1.62197 resumes the rise.

EURAUD=X · 1H · read on 2026-09-28 · Still forming.

What the read found

Trend: lower highs and lower lows over the window, 4 steps across 25 bars, still intact
Formation: falling wedge — Still forming.
Decides above: 1.62197 (the falling wedge)
Decides below: 1.61831 (the falling wedge)
Resistance: 1.62302
Support: 1.61661
Level history: The last six times price reached 1.62302 it held every time, bouncing 0.2% on average.
Level history: The last four times price reached 1.61661 it held every time, bouncing 0.4% on average.

Read your own chart

Upload a screenshot from any charting app, or type a ticker. The same engine computed this read. Free, no account, one read a week. It shows the levels and the two prices that decide it; the call is yours.

Analyze a chart

Every figure on this page was computed from the real candles up to 2026-09-28. This is a description of a chart, not advice, a signal or a forecast. Disclaimer · What a read returns