EUR/AUD by making a top price starts to descend on 8th day. Right now this currency pair has been stopped by reaching to the determined supportive region in the chart below and the sellers could not reach to the lower prices. In daily time frame on 11th day, a hammer candle pattern is made on the ascending trend line (the fourth point on ascending trend line) which warns about the formation of a bottom price and the end of descending.As it is obvious in the picture below, right now the conversion level (from resistance to supportive) supports the bottom price on the level of 1.25032. This bottom price is on the Fibonacci level of 23.6 (from 1.16013 to 1.28204 levels) and there is the possibility of starting a price reformation on this level. Generally according to the daily time frame the descending trend has been stopped and a bottom price has been made and until the supportive level of 1.25032 is preserved, the price has the potential to increase and ascend in this currency pair.