EUR/AUD – 30M – BUY

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Current target is 1.66497092 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 1.6593 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Northern Doji’ chart pattern is existing. The candles show ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

1.65199 – 1.6593 – 1.66273 – 1.64523 – 1.64241 – 1.64251 —
1.65122 – 1.65625 —
58.221667755281 – 69.512122422869 —
– —
1.65199 – 1772706600

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Northern Doji – – – – – – – – –