EUR/AUD – 1H – SELL

The currency pair Euro/Australian Dollar (EUR/AUD) goes from the bearish trendline downwards

A continuation of the downward movement down to the next support line at 1.63223 is likely expected.

Caution: A possible trend reversal in the direction of resistance at 1.64061 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart signal. The currency pair is likely to fall.

There is also a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which is often a bearish chart scenario. The currency pair is likely to fall.

There is also a ‘Two Crows’ candle chart pattern is found. The candles show ‘Two Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

1.64061 – 1.64625 – 1.64801 – 1.63223 – 1.63309 – 1.64312 —
1.63989 – 1.63990 —
64.320888502646 – 59.827321910976 —
– —
1.64061 – 1784174400

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Two Crows – – – – – – – – –