Sell EUR/AUD – 30M – SELL

The pair Euro/Australian Dollar (EUR/AUD) jumps from the descending trendline downwards

A continuation of the bearish trend downwards to the next support level at will persist.

Caution: A possible change in the direction of the resistance zone at 1.73979 could occur.
Consider stop-loss settings accordingly.

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 bearish signal. The currency pair is likely to fall.

Then a ‘Northern Doji’ candlestick pattern is found. The candles form ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading 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 1.73455
Next Low
2nd Low
3rd Low

1.73979 – 1.73786 – 1.73345 – 1.73328 – 1.73427 – 1.73112 —
1.73455 – 1.73555 —
43.756374197859 – 50.987325591176 —
– —
1.73979 – 1768793400

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