EUR/AUD – 1H – BUY

The pair Euro/Australian Dollar (EUR/AUD) jumps from the bearish trendline upwards

The bullish trend upwards to the next resistance at 1.63721 will continue.

Caution: A possible change in the direction of the support level at 1.61997 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Three White Soldiers’ candle pattern is discovered. The candles show ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.

1.63721 – 1.63348 – 1.64243 – 1.62483 – 1.62796 – 1.6298 —
1.62016 – 1.62279 —
21.264891977068 – 39.414494322938 —
– —
1.63721 – 1777968000

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Three White Soldiers – – – – – – – – –