The currency pair Euro/Australian Dollar (EUR/AUD) jumps from the bullish trendline upwards
A continuation of the bullish trend up to the next resistance level at 1.78669 will persist.
Caution: A possible counter-trend in the direction of the support line at 1.77703 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart scenario. The pair is likely to go up.
Moreover a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The currency pair is likely to rise.
Moreover a ‘Northern Doji’ chart pattern is found. The chart shows ‘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 chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.79358 |
| 2nd High | 1.7884 |
| Next High | 1.78669 |
| Current Price | 1.78878 |
| Next Low | 1.77703 |
| 2nd Low | 1.77628 |
| 3rd Low | 1.77303 |
1.78669 – 1.7884 – 1.79358 – 1.77703 – 1.77628 – 1.77303 —
1.77899 – 1.77769 —
45.543680408361 – 36.147851156637 —
– —
1.78669 – 1763578800
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Northern Doji – Rising Wedge Chart Pattern – – – –