EUR/AUD – 1H – SELL

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The currency pair is likely to fall.

Additionally a ‘Bearish Belt Hold’ candlestick chart pattern is existing. The candles show ‘Bearish Belt Hold’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).

1.6593 – 1.66273 – 1.67194 – 1.6425 – 1.65597 – 1.65648 —
1.65752 – 1.65152 —
53.194471004674 – 42.25753055877 —
– —
1.6593 – 1772604000

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Bearish Belt Hold – Rising Wedge Chart Pattern – – – – – – – –