EUR/AUD – 1H – BUY

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The currency pair is likely to fall.

Besides a ‘Matching Low’ candlestick pattern is discovered. The candles form ‘Matching Low’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

1.68052 – 1.67781 – 1.66751 – 1.66892 – 1.66105 – 1.65684 —
1.67441 – 1.67438 —
42.961615298253 – 46.301465788113 —
– —
1.68052 – 1774839600

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Matching Low – – – – – – – – –