The combination Euro/Australian Dollar (EUR/AUD) goes from the ascending trendline downwards
A descending movement downwards to the next support level at is considered certain.
Caution: A possible counter-trend in the direction of the resistance zone at 1.78811 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart scenario. The currency pair could go up.
Then a ‘Northern Doji’ candlestick chart pattern is existing. The candles show ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.80579 |
| 2nd High | 1.79358 |
| Next High | 1.78811 |
| Current Price | 1.78308 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.78811 – 1.79358 – 1.78091 – 1.77703 – 1.76297 – 1.76453 —
1.77983 – 1.78162 —
44.114591388686 – 52.433547956077 —
– —
1.78811 – 1763485200
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Northern Doji – Rising Wedge Chart Pattern – – – –