EUR/AUD – 30M – BUY

The pair Euro/Australian Dollar (EUR/AUD) moves from the descending trendline upwards

An ascending movement upwards to the next resistance at 1.75177 will persist.

Caution: A possible counter-trend in the direction of the support level at 1.74614 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘%K crosses above %D’ indicator layout is detected. The indicator shows ‘%K crosses above %D’. which is often a bullish chart signal. The currency pair is likely to rise.

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

1.75177 – 1.7613 – 1.76148 – 1.74756 – 1.74898 – 1.75269 —
1.74818 – 1.74492 —
35.294341354894 – 30.614212882734 —
– —
1.75177 – 1767607200

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Northern Doji – – – – – – – – –