EUR/AUD – 30M – SELL

The pair Euro/Australian Dollar (EUR/AUD) moves from the bearish trendline downwards

A continuation of the downtrend downwards to the next support at is expected.

Caution: A possible change in the direction of the resistance zone at 1.74544 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart signal. The currency pair could go down.

Also there is a ‘%K crosses below %D’ indicator layout is found. The indicator is ‘%K crosses below %D’. this is usually a bearish chart signal. The currency pair could go down.

Also there is a ‘Two Crows’ chart pattern is detected. The candles show ‘Two Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

1.74544 – 1.73827 – 1.73975 – 1.73868 – 1.7359 – 1.73325 —
1.74388 – 1.74248 —
60.293875592966 – 51.695471161736 —
– —
1.74544 – 1767859200

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Two Crows – Double top retreat up – – – – – – – –