EUR/AUD – 30M – BUY

The currency pair Euro/Australian Dollar (EUR/AUD) goes from the descending trendline up.

A bullish ascent up to the next resistance at 1.79771 is expected.

Caution: A possible counter-trend in the direction of the support level at 1.78008 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘%K crosses above %D’ indicator signal is existing. The indicator is ‘%K crosses above %D’. which is often a bullish chart scenario. The pair is likely to go up.

In addition a ‘RSI Bullish Divergence’ indicator signal is existing. The indicator is ‘RSI Bullish Divergence’. which is often a bullish chart scenario. The pair is likely to go up.

In addition a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The pair is likely to go up.

In addition a ‘Northern Doji’ candlestick pattern is discovered. The candles show ‘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 probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

1.79771 – 1.78418 – 1.79344 – 1.78103 – 1.78143 – 1.78008 —
1.78171 – 1.78172 —
31.665936800594 – 34.426020013491 —
– —
1.79771 – 1764088200

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Northern Doji – Rising Wedge Chart Pattern – – – – – – – –