EUR/AUD – 1H – SELL

There is also a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The pair is likely to go down.

There is also a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which is often a bearish signal. The currency pair could go down.

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 1.63567 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support zone at 1.64243 is also possible.
Consider stop-loss settings accordingly.

There is also a ‘Three Outside Down’ candle pattern is discovered. The candles show ‘Three Outside Down’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

1.64243 – 1.63406 – 1.64182 – 1.6298 – 1.62891 – 1.63459 —
1.64038 – 1.64015 —
59.299001826977 – 57.911173484635 —
– —
1.64243 – 1777496400

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Three Outside Down – Rising Wedge Chart Pattern – – – – – – – –