EUR/AUD – 4H – BUY

The combination Euro/Australian Dollar (EUR/AUD) breaks through the descending trendline upwards

A bullish ascent upwards to the next resistance at 1.64803 is certain.

Caution: A possible trend reversal in the direction of the support level at 1.61997 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Northern Doji’ candle pattern is detected. The chart forms ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

1.64803 – 1.66898 – 1.68458 – 1.63942 – 1.64992 – 1.65003 —
1.64125 – 1.63698 —
37.824815015536 – 33.134676088355 —
– —
1.64803 – 1776643200

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