EUR/AUD – 30M – BUY

The pair Euro/Australian Dollar (EUR/AUD) breaks through the bearish trendline upwards

A bullish ascent up to the next resistance line at 1.79576 is certain.

Caution: A possible trend reversal in the direction of the support level at 1.79154 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which is often a bullish signal. The pair is likely to go up.

Besides a ‘Northern Doji’ candle chart pattern is detected. The chart shows ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

1.79576 – 1.79498 – 1.79898 – 1.79154 – 1.78331 – 1.78748 — 61.908153593756 – 66.502659165064 — 51.634557659772 – 82.433735378122 – 26.892733480083 – 52.157882927953

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Northern Doji – – –