EUR/AUD – 30M – BUY

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

An ascending movement up to the next resistance line at 1.74741 will persist.

Caution: A possible change in the direction of the support level at 1.73391 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

And also a ” indicator layout is detected. The indicator shows ”. which could be a positive chart scenario. The currency pair could go up.

!

And also a ‘%K crosses above %D’ indicator layout is detected. The indicator shows ‘%K crosses above %D’. which could be a positive chart scenario. The currency pair could go up.

And also a ‘Northern Doji’ candlestick pattern is existing. The candles form ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

1.74741 – 1.75177 – 1.7613 – 1.74147 – 1.74445 – 1.74271 —
1.73969 – 1.73648 —
23.558353704489 – 21.664924863547 —
– —
1.74741 – 1767668400

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Northern Doji – Double bottom retreat down – – – – – – – –