The combination Euro/Australian Dollar (EUR/AUD) moves from the bearish trendline upwards
A bullish trend up to the next resistance at 1.65077 is certain.
Caution: A possible reversal of the trend in the direction of support at 1.63027 could be enabled.
Consider stop-loss settings accordingly.
Furthermore a ‘StochRSI Bullish Divergence’ indicator layout is found. The indicator is ‘StochRSI Bullish Divergence’. Dieses ist oftmals ein bullisches chart signal. Die Paarung wird wahrscheinlich steigen.
Furthermore a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which could be a positive signal. The currency pair could go up.
Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Target of the current trend is 1.64605 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 1.65077 could be enabled.
Consider stop-loss settings accordingly.
Furthermore a ‘Three White Soldiers’ chart pattern is found. The candles show ‘Three White Soldiers’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.66898 |
| 2nd High | 1.66183 |
| Next High | 1.65077 |
| Current Price | 1.63892 |
| Next Low | 1.63027 |
| 2nd Low | 1.61894 |
| 3rd Low | 1.61104 |
1.65077 – 1.66183 – 1.64535 – 1.6433 – 1.64866 – 1.63027 —
1.63677 – 1.63643 —
35.470531419545 – 38.725783477398 —
– —
1.65077 – 1783512000
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Three White Soldiers – Symmetrical Triangle Chart Pattern – – – – – – – –