EUR/AUD – 30M – SELL

In addition a ‘Double top retreat up’ chart layout is discovered. The formation shows ‘Double top retreat up’. which is a positive pattern signal. The currency pair is likely to rise.

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

The bearish trend downwards to the next support at 1.73112 is expected.

Caution: A possible trend reversal in the direction of the resistance zone at 1.73555 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which is often a bullish signal. The currency pair is likely to rise.

In addition a ‘Northern Doji’ candlestick chart pattern is discovered. The candles show ‘Northern Doji’. this is a bullish signal. The currency pair is likely to rise. 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).

1.73555 – 1.73979 – 1.73786 – 1.73328 – 1.73427 – 1.73112 —
1.73522 – 1.73161 —
48.884544753468 – 27.544528836283 —
– —
1.73555 – 1768878000

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Northern Doji – Double top retreat up – – – – – – – –