Buy EUR/AUD – 30M – BUY

And also a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. this is usually a bearish signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 1.622785 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 1.63275 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Three Outside Down’ candle chart pattern is existing. The chart shows ‘Three Outside Down’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

Support & Resistance Price Range*
3rd High 1.65157
2nd High 1.64582
Next High 1.63275
Current Price 1.62672
Next Low 1.62509
2nd Low 1.61356
3rd Low 1.61282

1.63275 – 1.62939 – 1.62802 – 1.62509 – 1.61356 – 1.61282 —
1.63257 – 1.62926 —
67.814303774495 – 52.234088363313 —
– —
1.63275 – 1773394200

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