EUR/AUD – 1H – SELL

The combination Euro/Australian Dollar (EUR/AUD) moves from the bearish trendline down.

A continuation of the downward movement downwards to the next support at 1.65597 is certain.

Caution: A possible change in the direction of the resistance zone at 1.6671 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 discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The pair is likely to go down.

Besides a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The pair is likely to go down.

Besides a ‘Three Black Crows’ candle pattern is found. The candles show ‘Three Black Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

1.6671 – 1.66064 – 1.67501 – 1.65597 – 1.65648 – 1.65873 —
1.66125 – 1.66246 —
52.036311807798 – 46.870298196497 —
– —
1.6671 – 1772125200

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Three Black Crows – – – – – – – – –