EUR/AUD – 30M – SELL

The pair Euro/Australian Dollar (EUR/AUD) moves from the bullish trendline downwards

The bearish trend downwards to the next support level at 1.6449 is considered certain.

Caution: A possible change in the direction of the resistance zone at 1.65137 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The currency pair could go down.

Additionally a ‘Matching Low’ candlestick pattern is detected. The candles form ‘Matching Low’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ going up is 61% (Bull & Bear Market).

1.65137 – 1.65662 – 1.66166 – 1.65149 – 1.65493 – 1.65654 —
1.64520 – 1.64607 —
28.050594361233 – 40.894556938152 —
– —
1.65137 – 1776267000

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Matching Low – – – – – – – – –