EUR/AUD – 30M – SELL

The combination Euro/Australian Dollar (EUR/AUD) goes from the descending trendline down.

A continuation of the downward movement down to the next support line at 1.64793 is expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 1.65688 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair could go down.

And also a ‘Collapsing Doji Star’ chart pattern is detected. The candles form ‘Collapsing Doji Star’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Collapsing Doji Star’ going down is 63% (Bull Market).

1.65688 – 1.6595 – 1.65199 – 1.64793 – 1.64523 – 1.64241 —
1.65321 – 1.65486 —
49.410841120354 – 55.294397504573 —
– —
1.65688 – 1772814600

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Collapsing Doji Star – – – – – – – – –