EUR/AUD – 30M – SELL

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

A continuation of the downward movement downwards to the next support line at 1.78238 will persist.

Caution: A possible trend reversal in the direction of the resistance level at 1.78759 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Northern Doji’ chart pattern is discovered. The chart shows ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

1.78759 – 1.78991 – 1.78854 – 1.78238 – 1.78522 – 1.78648 — 53.28388169041 – 43.593191959678 — 83.184600540941 – 78.162231395797 – 73.671918450356 – 79.668791938963

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Northern Doji – – –