EUR/AUD – 4H – SELL

The currency pair Euro/Australian Dollar (EUR/AUD) goes from the bullish trendline down.

A bearish movement down to the next support line at 1.63613 will continue.

Caution: A possible counter-trend in the direction of the resistance line at 1.65767 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Three Black Crows’ candlestick pattern is existing. The chart shows ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

Download EUR/AUD Signal Image

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