EUR/AUD – 1H – BUY

The combination Euro/Australian Dollar (EUR/AUD) breaks through the descending trendline upwards

A bullish ascent upwards to the next resistance line at 1.76693 is likely expected.

Caution: A possible change in the direction of the support level at is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The currency pair is likely to rise.

There is also a ‘Northern Doji’ candlestick pattern is existing. The chart forms ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

1.76693 – 1.774 – 1.77506 – 1.75276 – 1.76221 – 1.7664 —
1.75713 – 1.75741 —
49.248346449703 – 52.505956256567 —
– —
1.76693 – 1764853200

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Northern Doji – – – – – – – – –