Buy EUR/AUD – 4H – BUY

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The currency pair is likely to rise.

Besides a ‘Bearish SBS White Lines’ candlestick pattern is detected. The candles form ‘Bearish SBS White Lines’. which is a bearish 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 SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).

Support & Resistance Price Range*
3rd High 1.68458
2nd High 1.66898
Next High 1.65168
Current Price 1.63913
Next Low
2nd Low
3rd Low

1.65168 – 1.62761 – 1.63327 – 1.61894 – 1.62004 – 1.62044 —
1.64456 – 1.64267 —
53.274987850237 – 43.328941657557 —
– —
1.65168 – 1781193600

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