EUR/AUD – 30M – BUY

The pair Euro/Australian Dollar (EUR/AUD) breaks through the descending trendline up.

A bullish movement up to the next resistance at 1.78691 will persist.

Caution: A possible counter-trend in the direction of support at 1.76297 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘%K crosses above %D’ indicator layout is found. The indicator shows ‘%K crosses above %D’. which could be a positive chart signal. The pair is likely to go up.

And also a ‘MACD crosses above signal’ indicator layout is found. The indicator shows ‘MACD crosses above signal’. which could be a positive chart signal. The pair is likely to go up.

And also a ‘Northern Doji’ candlestick chart pattern is existing. The chart shows ‘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 probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

1.78091 – 1.78691 – 1.77406 – 1.76297 – 1.76453 – 1.76852 —
1.78501 – 1.78566 —
54.569754416926 – 51.503347939608 —
– —
1.78091 – 1763357400

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Northern Doji – Rising Wedge Chart Pattern – – – –