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 level at is expected.

Caution: A possible counter-trend in the direction of the resistance level at 1.65688 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The currency pair could go down.

Besides a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair could go down.

Besides a ‘MACD crosses below signal’ indicator signal is existing. The indicator is ‘MACD crosses below signal’. which could be a negative chart signal. The currency pair could go down.

Besides a ‘Collapsing Doji Star’ candlestick pattern is found. The chart shows ‘Collapsing Doji Star’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Collapsing Doji Star’ heading down is 63% (Bull Market).

1.65688 – 1.6595 – 1.6593 – 1.64793 – 1.64241 – 1.6425 —
1.65434 – 1.65470 —
54.279384526638 – 53.768820312928 —
– —
1.65688 – 1772812800

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Collapsing Doji Star – – – – – – – – –