EUR/AUD – 30M – BUYThe pair Euro/Australian Dollar (EUR/AUD) breaks through the bearish trendline upwards
A bullish movement up to the next resistance level at 1.74378 is considered certain.
Caution: A possible trend reversal in the direction of the support level at 1.73705 should be noted.
Consider stop-loss settings accordingly.
Besides a ‘%K crosses above %D’ indicator signal is detected. The indicator shows ‘%K crosses above %D’. which is often a bullish chart scenario. The currency pair is likely to rise.
Besides a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. this is usually a bullish chart signal. The pair is likely to go up.
Besides a ‘Northern Doji’ candlestick chart pattern is found. The candles show ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.74544 |
| 2nd High | 1.74441 |
| Next High | 1.74378 |
| Current Price | 1.73871 |
| Next Low | 1.73705 |
| 2nd Low | 1.7359 |
| 3rd Low | 1.73325 |
1.74378 – 1.74441 – 1.74544 – 1.73705 – 1.73814 – 1.73878 —
1.73833 – 1.73839 —
33.887883965793 – 33.38461015497 —
– —
1.74378 – 1768215600
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Northern Doji – Rising Wedge Chart Pattern – – – – – – – –