Sell EUR/AUD – 1H – SELL

Also there is a ‘Double top chart pattern’ chart pattern is detected. The chart forms ‘Double top chart pattern’. this is a bearish pattern signal. The currency pair is likely to fall.

Also there is a ‘Three Outside Down’ candle pattern is found. The candles form ‘Three Outside Down’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

Support & Resistance Price Range*
3rd High 1.81566
2nd High 1.80819
Next High 1.79771
Current Price 1.78098
Next Low 1.78008
2nd Low 1.77411
3rd Low 1.77303

1.79771 – 1.79081 – 1.79344 – 1.78103 – 1.78008 – 1.77411 —
1.78849 – 1.78168 —
50.66559548413 – 32.601116218757 —
– —
1.79771 – 1764086400

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