EUR/AUD – 30M – SELL

The currency pair Euro/Australian Dollar (EUR/AUD) jumps from the bullish trendline down.

The bearish trend downwards to the next support line at 1.75414 will persist.

Caution: A possible counter-trend in the direction of resistance at 1.75806 is also possible.
Consider stop-loss settings accordingly.

Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart scenario. The pair is likely to go down.

Additionally a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which could be a negative chart scenario. The pair is likely to go down.

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

1.75806 – 1.75725 – 1.75539 – 1.75414 – 1.75276 – 1.7528 —
1.75741 – 1.75732 —
52.289194776419 – 52.823447471332 —
– —
1.75806 – 1765227600

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