EUR/AUD – 30M – SELL

The combination Euro/Australian Dollar (EUR/AUD) moves from the bearish trendline down.

A continuation of the downward movement downwards to the next support at 1.63942 is considered certain.

Caution: A possible counter-trend in the direction of the resistance line at 1.64549 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Southern Doji’ candlestick chart pattern is discovered. The candles show ‘Southern Doji’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).

1.64549 – 1.64612 – 1.64599 – 1.63942 – 1.64063 – 1.64094 —
1.64155 – 1.64175 —
38.066456171577 – 42.286820690275 —
– —
1.64549 – 1776434400

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Southern Doji – – – – – – – – –