The combination Euro/Australian Dollar (EUR/AUD) goes from the ascending trendline downwards
A bearish trend down to the next support level at 1.75276 will continue.
Caution: A possible reversal of the trend in the direction of resistance at 1.76291 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The currency pair is likely to rise.
Furthermore a ‘MACD-Hist Hidden Bullish Divergence’ indicator layout is existing. The indicator shows ‘MACD-Hist Hidden Bullish Divergence’. which could be a positive signal. The currency pair is likely to rise.
Furthermore a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which could be a positive signal. The currency pair is likely to rise.
Furthermore a ‘Northern Doji’ chart pattern is found. The chart shows ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.774 |
| 2nd High | 1.76693 |
| Next High | 1.76291 |
| Current Price | 1.75619 |
| Next Low | 1.75276 |
| 2nd Low | 1.75118 |
| 3rd Low | 1.74973 |
1.75539 – 1.76291 – 1.76693 – 1.75276 – 1.7528 – 1.75295 —
1.75632 – 1.75572 —
60.274816638898 – 56.917493339681 —
– —
1.75539 – 1765153800
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Northern Doji – Rising Wedge Chart Pattern – – – – – – – –