EUR/AUD – 1H – BUY

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

A bullish movement up to the next resistance line at 1.64061 is certain.

Caution: A possible reversal of the trend in the direction of the support level at 1.63223 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The pair is likely to go up.

Moreover a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart signal. The pair is likely to go up.

Moreover a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Moreover a ‘Northern Doji’ candle chart pattern is existing. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

1.64061 – 1.64625 – 1.64801 – 1.63223 – 1.63309 – 1.64312 —
1.63643 – 1.63909 —
46.593334627091 – 60.507666279027 —
– —
1.64061 – 1784174400

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Northern Doji – Symmetrical Triangle Chart Pattern – – – – – – – –