EUR/AUD – 30M – SELL

The pair Euro/Australian Dollar (EUR/AUD) moves from the bearish trendline down.

A continuation of the bearish trend downwards to the next support at 1.76297 is considered certain.

Caution: A possible change in the direction of the resistance line at 1.78091 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Northern Doji’ candlestick pattern is detected. The candles form ‘Northern Doji’. this 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).

1.78091 – 1.78691 – 1.77406 – 1.76297 – 1.76453 – 1.76852 —
1.78031 – 1.78710 —
49.755797401877 – 61.670517334852 —
– —
1.78091 – 1763357400

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Northern Doji – Double bottom retreat down – – – –