EUR/AUD – 1H – BUY

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Target of the current trend is 1.69975 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance level at 1.71465 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Three White Soldiers’ candlestick chart pattern is existing. The chart forms ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.

1.68838 – 1.71465 – 1.71023 – 1.67613 – 1.69413 – 1.68932 —
1.68228 – 1.68630 —
37.645911218696 – 53.823147173486 —
– —
1.68838 – 1770138000

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