EUR/AUD – 30M – SELL

The combination Euro/Australian Dollar (EUR/AUD) goes from the bearish trendline downwards

A continuation of the bearish trend downwards to the next support line at will continue.

Caution: A possible trend reversal in the direction of the resistance level at 1.78129 could occur.
Consider stop-loss settings accordingly.

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish signal. The currency pair is likely to fall.

Then a ‘Three Black Crows’ chart pattern is discovered. The candles form ‘Three Black Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

1.78129 – 1.78691 – 1.78612 – 1.77240 – 1.77526 – 1.76501

Download EUR/AUD Signal Image

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