EUR/AUD – 1H – BUY

The pair Euro/Australian Dollar (EUR/AUD) breaks through the descending trendline upwards

A bullish ascent upwards to the next resistance line at 1.74562 will persist.

Caution: A possible trend reversal in the direction of the support line at could occur.
Consider stop-loss settings accordingly.

Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart scenario. The pair is likely to go up.

Besides a ‘Northern Doji’ candlestick chart pattern is detected. The candles show ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

1.74562 – 1.74449 – 1.74378 – 1.7379 – 1.73553 – 1.73597 —
1.74503 – 1.74288 —
52.019322234305 – 49.990221874256 —
– —
1.74562 – 1768413600

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Northern Doji – Symmetrical Triangle Chart Pattern – – – – – – – –