EUR/AUD – 30M – SELL

The combination Euro/Australian Dollar (EUR/AUD) goes from the bearish trendline downwards

A continuation of the bearish trend down to the next support at 1.76036 is likely expected.

Caution: A possible counter-trend in the direction of resistance at 1.76693 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Three Outside Down’ candle chart pattern is found. The candles show ‘Three Outside Down’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

1.76693 – 1.774 – 1.77506 – 1.76036 – 1.76221 – 1.7667 —
1.76241 – 1.76203 —
48.322641075531 – 43.689793696542 —
– —
1.76693 – 1764853200

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Three Outside Down – – – – – – – – –