EUR/AUD – 4H – BUY

And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive signal. The currency pair could go up.

Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Target of the current trend is 1.64467364 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of resistance at 1.64535 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Three White Soldiers’ candlestick chart pattern is existing. The chart shows ‘Three White Soldiers’. this 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 White Soldiers’ heading up is 82%.

1.64535 – 1.65168 – 1.62761 – 1.6367 – 1.61894 – 1.62004 —
1.63849 – 1.63517 —
39.728641588657 – 34.850956183923 —
– —
1.64535 – 1781683200

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Three White Soldiers – – – – – – – – –