Buy EUR/AUD – 1H – BUY

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The pair is likely to go down.

And also a ‘Matching Low’ chart pattern is existing. The candles show ‘Matching Low’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ heading up is 61% (Bull & Bear Market).

Support & Resistance Price Range*
3rd High 1.7967
2nd High 1.79358
Next High 1.7884
Current Price 1.78201
Next Low
2nd Low
3rd Low

1.7884 – 1.79358 – 1.78691 – 1.77703 – 1.77628 – 1.77303 —
1.78570 – 1.78524 —
54.973753864539 – 49.200808523921 —
– —
1.78840 – 1763532000

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