Buy EUR/AUD – 30M – BUY

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The currency pair could go up.

And also a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Current target is 1.63363 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance zone at 1.63347 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Three White Soldiers’ candle pattern is discovered. The candles form ‘Three White Soldiers’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.

Support & Resistance Price Range*
3rd High 1.64243
2nd High 1.64015
Next High 1.63347
Current Price 1.62977
Next Low 1.62483
2nd Low 1.61997
3rd Low 1.61356

1.63347 – 1.64015 – 1.64243 – 1.62483 – 1.62796 – 1.62982 —
1.62764 – 1.62826 —
45.137546106759 – 54.137983674279 —
– —
1.63347 – 1777640400

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