Buy EUR/AUD – 30M – BUY

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

A bullish movement upwards to the next resistance at 1.63348 will continue.

Caution: A possible reversal of the trend in the direction of support at could occur.
Consider stop-loss settings accordingly.

There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive signal. The pair is likely to go up.

There is also a ‘Northern Doji’ candlestick pattern is discovered. The candles show ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. 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).

Support & Resistance Price Range*
3rd High 1.64243
2nd High 1.64015
Next High 1.63348
Current Price 1.63129
Next Low
2nd Low
3rd Low

1.63348 – 1.63135 – 1.63347 – 1.62483 – 1.62796 – 1.62982 —
1.63348 – 1.63130 —
67.357215410552 – 54.399940954381 —
1.63348 – 1777921200 —
– 1777921200

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