EUR/AUD – 30M – BUY

The combination Euro/Australian Dollar (EUR/AUD) breaks through the bearish trendline upwards

The bullish trend up to the next resistance level at 1.72119 will continue.

Caution: A possible change in the direction of the support level at 1.716 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘%K crosses above %D’ indicator layout is discovered. The indicator is ‘%K crosses above %D’. which is often a bullish signal. The pair is likely to go up.

Moreover a ‘MACD crosses above signal’ indicator layout is discovered. The indicator is ‘MACD crosses above signal’. which is often a bullish signal. The pair is likely to go up.

Moreover a ‘RSI Bullish Divergence’ indicator layout is discovered. The indicator is ‘RSI Bullish Divergence’. which is often a bullish signal. The pair is likely to go up.

Moreover a ‘MACD-Hist Bullish Divergence’ indicator layout is discovered. The indicator is ‘MACD-Hist Bullish Divergence’. which is often a bullish signal. The pair is likely to go up.

Moreover a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which could be a positive signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend will continue. Target of the current trend is 1.72240548 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance line at 1.72119 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Northern Doji’ chart pattern is discovered. The chart shows ‘Northern Doji’. which is a bullish pattern signal. The currency 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).

1.72119 – 1.74224 – 1.74663 – 1.716 – 1.71581 – 1.7326 —
1.71821 – 1.71701 —
45.184435632997 – 35.842390581522 —
– —
1.72119 – 1769101200

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