EUR/AUD – 1H – SELL

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

A continuation of the downward movement downwards to the next support at is likely expected.

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

Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart signal. The pair is likely to go down.

Moreover a ‘StochRSI %K falls below 0.8’ indicator signal is found. The indicator is ‘StochRSI %K falls below 0.8’. which could be a negative chart signal. The pair is likely to go down.

Moreover a ‘Three Black Crows’ candle chart pattern is discovered. The candles show ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

1.64061 – 1.64625 – 1.64801 – 1.63223 – 1.63309 – 1.64312 —
1.63909 – 1.63916 —
60.507666915257 – 53.388469211764 —
– —
1.64061 – 1784174400

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Three Black Crows – – – – – – – – –