EUR/AUD – 30M – BUY

The currency pair Euro/Australian Dollar (EUR/AUD) breaks through the bearish trendline up.

The bullish trend up to the next resistance line at 1.74544 is expected.

Caution: A possible trend reversal in the direction of the support level at 1.73868 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart signal. The currency pair is likely to rise.

Next a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. this is usually a bullish signal. The pair is likely to go up.

Next a ‘Northern Doji’ chart pattern is detected. The candles form ‘Northern Doji’. which is a positive 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).

1.74544 – 1.73827 – 1.73975 – 1.73868 – 1.7359 – 1.73325 —
1.74186 – 1.74257 —
52.930847700995 – 59.842947766543 —
– —
1.74544 – 1767859200

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