EUR/AUD – 30M – SELL

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

The bearish trend down to the next support level at will persist.

Caution: A possible reversal of the trend in the direction of the resistance line at 1.79771 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The currency pair could go down.

Additionally a ‘%K crosses below %D’ indicator layout is detected. The indicator is ‘%K crosses below %D’. which is often a bearish chart scenario. The currency pair could go down.

Additionally a ‘Three Outside Down’ chart pattern is found. The chart forms ‘Three Outside Down’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

1.79771 – 1.78418 – 1.79344 – 1.78103 – 1.78143 – 1.78008 —
1.79041 – 1.78859 —
52.357441231873 – 48.779915381257 —
– —
1.79771 – 1764088200

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Three Outside Down – – – – – – – – –