EUR/AUD – 30M – BUY

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

A bullish movement up to the next resistance level at 1.73979 is considered certain.

Caution: A possible trend reversal in the direction of the support line at 1.73112 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘MACD-Hist Hidden Bullish Divergence’ indicator layout is detected. The indicator shows ‘MACD-Hist Hidden Bullish Divergence’. In der Regel bedeutet das ein positives chart signal. Das Paar wird voraussichtlich nach oben gehen.

Moreover a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which is often a bullish signal. The pair is likely to go up.

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

1.73979 – 1.73786 – 1.73345 – 1.73427 – 1.73112 – 1.73105 —
1.73455 – 1.73463 —
40.760100693524 – 39.67871085598 —
– —
1.73979 – 1768793400

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