EUR/AUD – 1H – BUY

Moreover a ‘%K crosses above %D’ indicator layout is discovered. The indicator is ‘%K crosses above %D’. which could be a positive signal. The currency pair could go up.

Moreover a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which could be a negative chart scenario. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend will persist. Target of the current trend is 1.74876 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of support at 1.75785 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Northern Doji’ candlestick chart pattern is discovered. The chart forms ‘Northern Doji’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

1.75785 – 1.76148 – 1.7578 – 1.74898 – 1.75269 – 1.74876 —
1.75169 – 1.74818 —
42.693849753318 – 34.459128782018 —
– —
1.75785 – 1767376800

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