EUR/AUD – 30M – SELL

The combination Euro/Australian Dollar (EUR/AUD) jumps from the descending trendline downwards

A continuation of the downward movement downwards to the next support at is considered certain.

Caution: A possible change in the direction of resistance at 1.68018 could be enabled.
Consider stop-loss settings accordingly.

Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart scenario. The currency pair could go down.

Moreover a ‘Collapsing Doji Star’ candle pattern is discovered. The chart forms ‘Collapsing Doji Star’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Collapsing Doji Star’ going down is 63% (Bull Market).

1.68018 – 1.67706 – 1.68105 – 1.67418 – 1.67181 – 1.6759 —
1.67746 – 1.67646 —
52.000936502525 – 46.597397984923 —
– —
1.68018 – 1771306200

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Collapsing Doji Star – Symmetrical Triangle Chart Pattern – – – – – – – –