EUR/AUD – 30M – BUY

Furthermore a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. this is usually a bullish signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Target of the current trend is 1.64003112 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 1.64182 should always be considered.
Consider stop-loss settings accordingly.

Furthermore a ‘Bearish SBS White Lines’ candlestick chart pattern is detected. The chart forms ‘Bearish SBS White Lines’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).

1.64182 – 1.64074 – 1.64101 – 1.63459 – 1.63424 – 1.6382 —
1.64182 – 1.63871 —
58.062312338538 – 42.967035941513 —
1.64182 – 1777048200 —
– 1777048200

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Bearish SBS White Lines – – – – – – – – –