EUR/AUD – 1H – BUY

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

A bullish movement up to the next resistance at 1.79344 is considered certain.

Caution: A possible change in the direction of support at 1.78008 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The currency pair could go up.

Also there is a ‘Northern Doji’ candlestick chart pattern is existing. The candles show ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

1.79344 – 1.78669 – 1.7884 – 1.78008 – 1.77411 – 1.77703 —
1.78414 – 1.78576 —
46.074916170461 – 53.267475727144 —
– —
1.79344 – 1763715600

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Northern Doji – Double bottom chart pattern – – – – – – – –