EUR/AUD – 30M – BUY

The pair Euro/Australian Dollar (EUR/AUD) jumps from the bullish trendline upwards

A continuation of the uptrend upwards to the next resistance line at 1.79926 will continue.

Caution: A possible change in the direction of the support level at 1.79409 could happen.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish signal. The currency pair is likely to rise.

And also a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. this is usually a bullish signal. The pair is likely to go up.

And also a ‘Northern Doji’ candle chart pattern is existing. The candles show ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

1.79926 – 1.79967 – 1.79576 – 1.79409 – 1.79184 – 1.79154 — 47.190876486703 – 53.202992876994 — 36.467287488061 – 44.161891117478 – 30.707776185928 – 36.539915631964

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Northern Doji – Double top chart pattern – –