EUR/AUD – 30M – BUY

The combination Euro/Australian Dollar (EUR/AUD) breaks through the bearish trendline upwards

A bullish movement upwards to the next resistance line at 1.65688 is considered certain.

Caution: A possible counter-trend in the direction of support at 1.64793 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart scenario. The pair is likely to go up.

Furthermore a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which is often a bullish signal. The pair is likely to go up.

Furthermore a ‘Three Outside Up’ candle pattern is discovered. The chart shows ‘Three Outside Up’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

1.65688 – 1.6595 – 1.65199 – 1.64793 – 1.64523 – 1.64241 —
1.65336 – 1.65348 —
52.166862253366 – 50.586289712236 —
– —
1.65688 – 1772814600

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Three Outside Up – – – – – – – – –