Buy EUR/AUD – 30M – BUY

Additionally a ‘Double top retreat up’ chart pattern is found. The formation shows ‘Double top retreat up’. this is a bullish pattern signal. The currency pair is likely to rise.

The pair Euro/Australian Dollar (EUR/AUD) jumps from the bearish trendline up.

The bullish trend upwards to the next resistance at 1.75177 will persist.

Caution: A possible trend reversal in the direction of the support zone at 1.74614 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘%K crosses above %D’ indicator layout is existing. The indicator shows ‘%K crosses above %D’. which is often a bullish signal. The pair is likely to go up.

Additionally a ‘Northern Doji’ chart pattern is existing. The chart shows ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 1.76148
2nd High 1.7613
Next High 1.75177
Current Price 1.74965
Next Low 1.74614
2nd Low 1.73887
3rd Low 1.73885

1.75177 – 1.7613 – 1.76148 – 1.74756 – 1.74898 – 1.75269 —
1.75060 – 1.74806 —
43.357862924086 – 34.806835733158 —
– —
1.75177 – 1767607200

Trading Signals:

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