EUR/AUD – 30M – BUY

In addition a ‘Double top retreat up’ chart layout is existing. The chart forms ‘Double top retreat up’. which is a bullish chart scenario. The currency pair is likely to go up.

The pair Euro/Australian Dollar (EUR/AUD) goes from the descending trendline upwards

An ascent up to the next resistance line at 1.76291 is expected.

Caution: A possible reversal of the trend in the direction of support at 1.76036 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘%K cross above 20’ indicator layout is existing. The indicator is ‘%K cross above 20’. which could be a positive chart scenario. The pair is likely to go up.

In addition a ‘Bullish Belt Hold’ candlestick chart pattern is discovered. The candles show ‘Bullish Belt Hold’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).

1.76291 – 1.76693 – 1.774 – 1.76036 – 1.76221 – 1.7667 —
1.76199 – 1.76061 —
39.950668671522 – 37.469740672668 —
– —
1.76291 – 1764901800

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Bullish Belt Hold – Double top retreat up – – – – – – – –