EUR/AUD – 30M – SELL

The currency pair Euro/Australian Dollar (EUR/AUD) goes from the descending trendline down.

A continuation of the downward movement down to the next support level at is certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 1.64287 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish signal. The currency pair could go down.

Furthermore a ‘MACD crosses below signal’ indicator layout is detected. The indicator is ‘MACD crosses below signal’. which is often a bearish signal. The currency pair could go down.

Furthermore a ‘Three Outside Down’ candle chart pattern is detected. The candles show ‘Three Outside Down’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

1.64287 – 1.64496 – 1.64628 – 1.63792 – 1.6367 – 1.6414 —
1.64200 – 1.64237 —
57.491397896606 – 57.833638648506 —
– —
1.64287 – 1781481600

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