The pair Euro/Australian Dollar (EUR/AUD) breaks through the bearish trendline up.
An ascent upwards to the next resistance line at 1.68018 will persist.
Caution: A possible trend reversal in the direction of the support level at 1.6735 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The currency pair is likely to rise.
Furthermore a ‘RSI Hidden Bullish Divergence’ indicator signal is existing. The indicator is ‘RSI Hidden Bullish Divergence’. which could be a positive chart scenario. The currency pair is likely to rise.
Furthermore a ‘StochOSC Hidden Bullish Divergence’ indicator signal is existing. The indicator is ‘StochOSC Hidden Bullish Divergence’. which could be a positive chart scenario. The currency pair is likely to rise.
Furthermore a ‘MACD-Hist Hidden Bullish Divergence’ indicator signal is existing. The indicator is ‘MACD-Hist Hidden Bullish Divergence’. which could be a positive chart scenario. The currency pair is likely to rise.
Furthermore a ‘Northern Doji’ candlestick pattern is found. The candles form ‘Northern Doji’. which is a positive chart scenario. The currency 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.68309 |
| 2nd High | 1.68105 |
| Next High | 1.68018 |
| Current Price | 1.67545 |
| Next Low | 1.6735 |
| 2nd Low | 1.67181 |
| 3rd Low | 1.6635 |
1.68018 – 1.67706 – 1.68105 – 1.6735 – 1.67418 – 1.67181 —
1.67865 – 1.67571 —
58.765640803967 – 43.840239072639 —
– —
1.68018 – 1771306200
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Northern Doji – – – – – – – – –