EUR/AUD – 1H – BUY

In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The currency pair is likely to rise.

In addition a ‘Bullish Engulfing’ chart pattern is existing. The chart shows ‘Bullish Engulfing’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ heading up is 63%.

1.62548 – 1.63721 – 1.63348 – 1.61974 – 1.61839 – 1.62483 —
1.62248 – 1.62536 —
41.270752110225 – 58.030202610192 —
– —
1.62548 – 1778094000

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Bullish Engulfing – – – – – – – – –