Buy EUR/AUD – 30M – BUY

The pair Euro/Australian Dollar (EUR/AUD) breaks through the bearish trendline up.

A bullish movement upwards to the next resistance level at 1.76222 will continue.

Caution: A possible trend reversal in the direction of the support level at 1.75291 should be noted.
Consider stop-loss settings accordingly.

In addition a ‘Northern Doji’ candlestick chart pattern is found. The candles show ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 1.77520
2nd High 1.76719
Next High 1.76222
Current Price 1.76116
Next Low 1.75291
2nd Low 1.73858
3rd Low 1.73686

1.76222 – 1.75754 – 1.75312 – 1.75291 – 1.75505 – 1.73858

Download EUR/AUD Signal Image

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