EUR/AUD – 30M – SELL

Besides a ‘Rising Wedge Chart Pattern’ chart layout is existing. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a bearish signal. The currency pair is likely to fall.

The combination Euro/Australian Dollar (EUR/AUD) moves from the ascending trendline downwards

A descending movement down to the next support level at 1.80232 will persist.

Caution: A possible trend reversal in the direction of resistance at 1.80819 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which is often a bearish chart signal. The pair is likely to go down.

Besides a ‘Northern Doji’ chart pattern is found. The candles show ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. 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).

1.80819 – 1.80814 – 1.81566 – 1.80388 – 1.80281 – 1.80308 — 39.560684524342 – 34.984208539306 — 15.634046544725 – 5.5019164523798 – 23.222227613087 – 14.365037008286

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Northern Doji – Rising Wedge Chart Pattern – –