EUR/AUD – 30M – SELL

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Moreover a ‘Bearish Engulfing’ candlestick pattern is discovered. The chart forms ‘Bearish Engulfing’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Engulfing’ heading down is 79%.

1.62548 – 1.63721 – 1.63348 – 1.61839 – 1.62691 – 1.6296 —
1.62357 – 1.62354 —
46.095086935702 – 51.474206754838 —
– —
1.62548 – 1778095800

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Bearish Engulfing – – – – – – – – –