EUR/AUD – 30M – BUY

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

An ascent upwards to the next resistance line at 1.74441 is likely expected.

Caution: A possible reversal of the trend in the direction of the support zone at is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish signal. The pair is likely to go up.

Moreover a ‘Northern Doji’ chart pattern is detected. The chart forms ‘Northern Doji’. which is a bullish pattern signal. The 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).

1.74441 – 1.74544 – 1.73827 – 1.73878 – 1.73868 – 1.7359 —
1.74097 – 1.74101 —
45.115476095033 – 49.172452499464 —
– —
1.74441 – 1767978000

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Northern Doji – Inverse Head and Shoulder chart pattern – – – – – – – –