EUR/AUD – 1H – BUY

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

A bullish trend upwards to the next resistance line at 1.68018 will persist.

Caution: A possible trend reversal in the direction of the support level at is also possible.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish signal. The currency pair is likely to rise.

And also a ‘MACD crosses above signal’ indicator signal is discovered. The indicator is ‘MACD crosses above signal’. this is usually a bullish signal. The currency pair is likely to rise.

And also a ‘Three Outside Up’ chart pattern is existing. The chart forms ‘Three Outside Up’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

1.68018 – 1.68309 – 1.68542 – 1.67181 – 1.66229 – 1.66338 —
1.67841 – 1.67646 —
47.656933986798 – 48.184721318136 —
– —
1.68018 – 1771304400

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Three Outside Up – – – – – – – – –