EUR/AUD – 30M – SELL

Furthermore a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair is likely to fall.

Furthermore a ‘MACD crosses below signal’ indicator layout is existing. The indicator is ‘MACD crosses below signal’. which is often a bearish signal. The currency pair is likely to fall.

Furthermore a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which is often a bearish signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 1.65449 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support level at 1.67194 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Bearish Belt Hold’ chart pattern is detected. The candles show ‘Bearish Belt Hold’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).

1.67194 – 1.66396 – 1.66251 – 1.65449 – 1.65701 – 1.65642 —
1.65780 – 1.65767 —
35.732357902919 – 45.2217882304 —
1.65449 – 1772452800 —
1.67194 – 1772409600

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Bearish Belt Hold – – – – – – – – –