EUR/AUD – 4H – SELL

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

A descending movement down to the next support line at 1.74801 is expected.

Caution: A possible change in the direction of the resistance line at 1.76148 should be noted.
Consider stop-loss settings accordingly.

Besides a ‘%K crosses below %D’ indicator signal is found. The indicator shows ‘%K crosses below %D’. this is usually a bearish chart scenario. The currency pair could go down.

Besides a ‘Northern Doji’ candle chart pattern is discovered. The candles show ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. 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).

1.76148 – 1.76228 – 1.78063 – 1.74801 – 1.76895 – 1.77411 —
1.75387 – 1.74634 —
41.343845981933 – 30.975811068934 —
– —
1.76148 – 1767196800

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