EUR/AUD – 1H – BUY

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

The bullish trend up to the next resistance level at 1.71927 will persist.

Caution: A possible reversal of the trend in the direction of the support zone at 1.70989 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The pair is likely to go up.

In addition a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which is often a bullish signal. The pair is likely to go up.

In addition a ‘Three White Soldiers’ chart pattern is discovered. The candles show ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.

1.71927 – 1.72119 – 1.74663 – 1.70989 – 1.71581 – 1.73064 —
1.71399 – 1.71405 —
42.254231681615 – 48.544172206007 —
– —
1.71927 – 1769389200

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Three White Soldiers – – – – – – – – –