EUR/AUD – 1H – SELL

In addition a ‘Double top retreat up’ chart formation is found. The formation shows ‘Double top retreat up’. this is a bullish chart scenario. The currency pair is likely to go up.

The currency pair Euro/Australian Dollar (EUR/AUD) goes from the bullish trendline down.

A bearish trend down to the next support line at 1.76221 will continue.

Caution: A possible reversal of the trend in the direction of the resistance zone at 1.76693 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘%K cross above 20’ indicator signal is existing. The indicator is ‘%K cross above 20’. which is often a bullish chart scenario. The currency pair could go up.

In addition a ‘Northern Doji’ candlestick chart pattern is existing. The chart shows ‘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 probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

1.76693 – 1.774 – 1.77506 – 1.76221 – 1.7664 – 1.76895 —
1.76593 – 1.76216 —
44.960043164297 – 38.922576071075 —
– —
1.76693 – 1764853200

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Northern Doji – Double top retreat up – – – – – – – –