EUR/AUD – 1H – BUY

The currency pair Euro/Australian Dollar (EUR/AUD) breaks through the bearish trendline up.

An ascending movement upwards to the next resistance line at 1.64581 is certain.

Caution: A possible change in the direction of the support line at 1.64083 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

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

Next a ‘RSI Bullish Divergence’ indicator layout is discovered. The indicator shows ‘RSI Bullish Divergence’. which could be a negative chart signal. The currency pair could go down.

Next a ‘MACD Bullish Divergence’ indicator layout is discovered. The indicator shows ‘MACD Bullish Divergence’. which is often a bullish chart signal. The currency pair is likely to rise.

Next a ‘MACD-Hist Bullish Divergence’ indicator layout is discovered. The indicator shows ‘MACD-Hist Bullish Divergence’. which could be a negative chart signal. The currency pair could go down.

Next a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which could be a positive chart scenario. The pair is likely to go up.

Next a ‘Bearish SBS White Lines’ candlestick chart pattern is existing. The candles form ‘Bearish SBS White Lines’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).

1.64581 – 1.64562 – 1.64803 – 1.64083 – 1.63942 – 1.64063 —
1.64270 – 1.64340 —
34.082699454668 – 45.047846460418 —
– —
1.64581 – 1776769200

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Bearish SBS White Lines – – – – – – – – –