EUR/AUD – 30M – SELL

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

A descent downwards to the next support line at 1.74614 will continue.

Caution: A possible change in the direction of the resistance level at 1.75177 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Northern Doji’ candlestick pattern is detected. The candles form ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

1.75177 – 1.7613 – 1.76148 – 1.74756 – 1.74898 – 1.75269 —
1.74899 – 1.74873 —
39.064141208815 – 35.946582375472 —
– —
1.75177 – 1767607200

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