EUR/AUD – 30M – SELL

The pair Euro/Australian Dollar (EUR/AUD) goes from the ascending trendline down.

A bearish movement down to the next support at 1.7392 will continue.

Caution: A possible counter-trend in the direction of the resistance level at 1.74663 could happen.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘RSI Hidden Bullish Divergence’ indicator layout is found. The indicator shows ‘RSI Hidden Bullish Divergence’. Dieses ist oftmals ein bullisches chart signal. Das Paar tendiert eventuell nach oben.

In addition a ‘Northern Doji’ chart pattern is detected. The chart shows ‘Northern Doji’. which is a bullish 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’ heading up is 52% (Bull Market) & 51% (Bear Market).

1.74663 – 1.73555 – 1.73979 – 1.7392 – 1.73064 – 1.73328 —
1.74131 – 1.74100 —
54.212571653488 – 53.328141565994 —
– —
1.74663 – 1768923000

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Northern Doji – Rising Wedge Chart Pattern – – – – – – – –