EUR/AUD – 4H – BUY

The pair Euro/Australian Dollar (EUR/AUD) breaks through the bearish trendline up.

An ascent upwards to the next resistance level at 1.78984 is considered certain.

Caution: A possible change in the direction of the support level at 1.76297 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart scenario. The currency pair is likely to rise.

And also a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which is often a bullish signal. The currency pair could go up.

And also a ‘Northern Doji’ candlestick pattern is found. 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 probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

1.78984 – 1.77857 – 1.78002 – 1.76297 – 1.76722 – 1.75635 —
1.78141 – 1.78811 —
56.090729576399 – 48.402354276133 —
– —
1.78984 – 1762531200

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