Buy EUR/AUD – 4H – BUY

Besides a ‘Double top chart pattern’ chart layout is found. The chart picture forms ‘Double top chart pattern’. which is a negative pattern signal. The currency pair is likely to go down.

Besides a ‘MACD crosses above signal’ indicator layout is discovered. The indicator is ‘MACD crosses above signal’. which could be a positive chart signal. The currency pair could go up.

Besides a ‘Bearish Engulfing’ candlestick chart pattern is existing. The chart shows ‘Bearish Engulfing’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ heading down is 79%.

Support & Resistance Price Range*
3rd High 1.70628
2nd High 1.68309
Next High 1.67501
Current Price 1.65944
Next Low 1.6357
2nd Low 1.63504
3rd Low

1.67501 – 1.68309 – 1.70628 – 1.6626 – 1.66229 – 1.67613 —
1.66360 – 1.66033 —
43.311977303259 – 43.476340322024 —
– —
1.67501 – 1771948800

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