EUR/AUD – 4H – SELL

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

A continuation of the bearish trend downwards to the next support level at is likely expected.

Caution: A possible change in the direction of the resistance zone at 1.68309 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The currency pair could go down.

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

Besides a ‘Two Crows’ candle chart pattern is detected. The chart shows ‘Two Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

1.68309 – 1.70628 – 1.71465 – 1.66229 – 1.67613 – 1.68932 —
1.67963 – 1.67831 —
52.036875271249 – 53.538517634917 —
– —
1.68309 – 1770998400

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Two Crows – Symmetrical Triangle Chart Pattern – – – – – – – –