EUR/AUD – 30M – BUY

The currency pair Euro/Australian Dollar (EUR/AUD) jumps from the bearish trendline upwards

A bullish movement up to the next resistance level at 1.72119 is likely expected.

Caution: A possible change in the direction of the support zone at 1.71581 could happen.
Consider stop-loss settings accordingly.

Next a ‘MACD-Hist Hidden Bullish Divergence’ indicator signal is detected. The indicator shows ‘MACD-Hist Hidden Bullish Divergence’. In der Regel bedeutet das ein negatives chart signal. Die Paarung wird wahrscheinlich fallen.

Next a ‘Northern Doji’ candle chart pattern is discovered. The candles show ‘Northern Doji’. this 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’ going up is 52% (Bull Market) & 51% (Bear Market).

1.72119 – 1.74224 – 1.74663 – 1.71581 – 1.7326 – 1.7392 —
1.72002 – 1.71704 —
42.512589806224 – 38.344066472164 —
– —
1.72119 – 1769101200

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Northern Doji – – – – – – – – –