EUR/AUD – 1H – BUY

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

An ascending movement upwards to the next resistance line at 1.77506 is considered certain.

Caution: A possible change in the direction of the support level at 1.7664 is within the realm of possibility.
Consider stop-loss settings accordingly.

Besides a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. this is usually a bullish signal. The currency pair could go up.

Besides a ‘Northern Doji’ chart pattern is detected. The candles show ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

1.77506 – 1.77632 – 1.78472 – 1.7664 – 1.76895 – 1.77104 —
1.77199 – 1.77036 —
45.495997260479 – 43.949496626486 —
– —
1.77506 – 1764727200

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