EUR/AUD – 1H – BUY

Also there is a ‘Double bottom chart pattern’ chart pattern is detected. The chart picture forms ‘Double bottom chart pattern’. which is a positive signal. The pair is likely to go up.

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

A bullish trend up to the next resistance level at 1.78669 is certain.

Caution: A possible reversal of the trend in the direction of the support zone at could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The currency pair is likely to rise.

Also there is a ‘%K cross above 20’ indicator layout is found. The indicator shows ‘%K cross above 20’. which is often a bullish signal. The currency pair is likely to rise.

1.78669 – 1.7884 – 1.79358 – 1.77411 – 1.77703 – 1.77628 —
1.79018 – 1.79091 —
60.689752998355 – 52.45373196116 —
– —
1.78669 – 1763578800

Trading Signals: FOREX – EUR – EUR/AUD – AUD – – Double bottom chart pattern – – – – – – – –