Buy EUR/AUD – 30M – BUY

The pair Euro/Australian Dollar (EUR/AUD) breaks through the descending trendline upwards

An ascent up to the next resistance level at 1.75840 will persist.

Caution: A possible reversal of the trend in the direction of the support level at 1.75223 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Northern Doji’ chart pattern is discovered. The candles form ‘Northern Doji’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 1.76719
2nd High 1.76294
Next High 1.75840
Current Price 1.75102
Next Low 1.75223
2nd Low 1.75144
3rd Low 1.75042

1.75840 – 1.75766 – 1.76294 – 1.75223 – 1.75144 – 1.75042

Download EUR/AUD Signal Image

Trading Signals:

Forex and Crypto Live Trading Signals - MyLiveSignals