EUR/AUD – 30M – BUY

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

A bullish ascent upwards to the next resistance at 1.73786 is likely expected.

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

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The currency pair could go up.

Next a ‘Northern Doji’ candlestick chart pattern is found. The candles show ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

1.73786 – 1.73345 – 1.74559 – 1.73112 – 1.73105 – 1.72985 —
1.73557 – 1.73602 —
54.014362775296 – 54.802294983281 —
– —
1.73786 – 1768581000

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Northern Doji – Double top chart pattern – – – – – – – –