EUR/AUD – 30M – BUYThe currency pair Euro/Australian Dollar (EUR/AUD) breaks through the bearish trendline upwards
A bullish movement up to the next resistance line at 1.73979 is expected.
Caution: A possible trend reversal in the direction of the support zone at could happen.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish signal. The pair is likely to go up.
Then a ‘%K crosses above %D’ indicator layout is existing. The indicator shows ‘%K crosses above %D’. this is usually a bullish signal. The pair is likely to go up.
Then a ‘MACD Hidden Bullish Divergence’ indicator layout is existing. The indicator shows ‘MACD Hidden Bullish Divergence’. this is usually a bullish signal. The pair is likely to go up.
Then a ‘MACD-Hist Hidden Bullish Divergence’ indicator layout is existing. The indicator shows ‘MACD-Hist Hidden Bullish Divergence’. this is usually a bullish signal. The pair is likely to go up.
Then a ‘Northern Doji’ candle pattern is discovered. The chart shows ‘Northern Doji’. which is a bullish signal. 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 | 1.74562 |
| 2nd High | 1.74559 |
| Next High | 1.73979 |
| Current Price | 1.73688 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.73979 – 1.73786 – 1.73345 – 1.73427 – 1.73112 – 1.73105 —
1.73946 – 1.73718 —
65.806894110228 – 47.157066356797 —
– —
1.73979 – 1768793400
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Northern Doji – Double top chart pattern – – – – – – – –