EUR/AUD – 30M – SELL

The combination Euro/Australian Dollar (EUR/AUD) goes from the bearish trendline downwards

A continuation of the downward movement downwards to the next support level at will persist.

Caution: A possible trend reversal in the direction of resistance at 1.64612 is also possible.
Consider stop-loss settings accordingly.

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The currency pair could go down.

Moreover a ‘Three Inside Down’ candlestick pattern is existing. The candles show ‘Three Inside Down’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).

1.64612 – 1.64599 – 1.64373 – 1.64063 – 1.64094 – 1.65149 —
1.64470 – 1.64417 —
50.038019014543 – 49.029459235114 —
– —
1.64612 – 1776394800

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Three Inside Down – Rising Wedge Chart Pattern – – – – – – – –