EUR/AUD – 30M – BUY

The pair Euro/Australian Dollar (EUR/AUD) goes from the bearish trendline up.

The bullish trend upwards to the next resistance line at 1.6593 is considered certain.

Caution: A possible change in the direction of the support zone at 1.64251 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The pair is likely to go up.

Moreover a ‘Three Outside Up’ chart pattern is existing. The candles show ‘Three Outside Up’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

1.6593 – 1.66273 – 1.67194 – 1.64251 – 1.64586 – 1.64702 —
1.64446 – 1.64593 —
37.675600390387 – 42.196749905482 —
– —
1.6593 – 1772605800

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Three Outside Up – Rising Wedge Chart Pattern – – – – – – – –