Buy EUR/AUD – 30M – BUY

The combination Euro/Australian Dollar (EUR/AUD) goes from the bullish trendline upwards

A continuation of the bullish trend upwards to the next resistance at 1.79629 is likely expected.

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

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The pair is likely to go up.

Then a ‘Northern Doji’ candlestick chart pattern is existing. The chart shows ‘Northern Doji’. this is a bullish signal. The 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 1.79739
2nd High 1.79735
Next High 1.79629
Current Price 1.79443
Next Low
2nd Low
3rd Low

1.79629 – 1.79735 – 1.79641 – 1.79059 – 1.78849 – 1.78902

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