EUR/AUD – 30M – BUY

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

An ascending movement up to the next resistance level at 1.64803 is considered certain.

Caution: A possible trend reversal in the direction of the support level at should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The currency pair could go up.

There is also a ‘Three Outside Up’ chart pattern is detected. The candles show ‘Three Outside Up’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

1.64803 – 1.64549 – 1.64612 – 1.63942 – 1.64063 – 1.64094 —
1.64426 – 1.64390 —
53.429566119921 – 48.369774982698 —
– —
1.64803 – 1776646800

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