Sell EUR/AUD – 30M – SELL

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

The bearish trend downwards to the next support at is certain.

Caution: A possible trend reversal in the direction of the resistance line at 1.79358 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive signal. The currency pair could go up.

Besides a ‘Northern Doji’ candle pattern is detected. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. 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 1.80706
2nd High 1.80579
Next High 1.79358
Current Price 1.78507
Next Low
2nd Low
3rd Low

1.79358 – 1.78091 – 1.78691 – 1.76297 – 1.76453 – 1.76852 —
1.78460 – 1.78253 —
40.921829782547 – 41.107506549262 —
– —
1.79358 – 1763445600

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