EUR/AUD – 30M – BUY

The pair Euro/Australian Dollar (EUR/AUD) breaks through the ascending trendline upwards

A continuation of the uptrend upwards to the next resistance level at 1.79358 is likely expected.

Caution: A possible change in the direction of support at could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive signal. The currency pair could go up.

Furthermore a ‘MACD crosses above signal’ indicator signal is found. The indicator shows ‘MACD crosses above signal’. which could be a positive signal. The currency pair could go up.

Furthermore a ‘Northern Doji’ chart pattern is found. The candles show ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

1.79358 – 1.78091 – 1.78691 – 1.76297 – 1.76453 – 1.76852 —
1.78362 – 1.78396 —
36.384462708184 – 45.779357298442 —
– —
1.79358 – 1763445600

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