EUR/AUD – 30M – SELL

The combination Euro/Australian Dollar (EUR/AUD) jumps from the bearish trendline down.

A continuation of the downtrend downwards to the next support line at 1.63371 will persist.

Caution: A possible change in the direction of the resistance line at 1.64107 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘StochRSI %K falls below 0.8’ indicator layout is found. The indicator is ‘StochRSI %K falls below 0.8’. this is usually a bearish chart signal. The pair is likely to go down.

Moreover a ‘Three Black Crows’ candle chart pattern is detected. The candles show ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

1.64107 – 1.64535 – 1.64361 – 1.63732 – 1.63813 – 1.63768 —
1.63782 – 1.63632 —
45.457302243057 – 32.358487378665 —
– —
1.64107 – 1781735400

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Three Black Crows – – – – – – – – –