Sell EUR/AUD – 1H – SELL

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The pair is likely to go down.

Then a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The pair is likely to go down.

Then a ‘Bearish Engulfing’ candlestick pattern is detected. The chart forms ‘Bearish Engulfing’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Engulfing’ going down is 79%.

Support & Resistance Price Range*
3rd High 1.74663
2nd High 1.72337
Next High 1.71023
Current Price 1.70158
Next Low
2nd Low
3rd Low

1.71023 – 1.72337 – 1.7194 – 1.68932 – 1.71419 – 1.711 —
1.70214 – 1.70299 —
49.213917475291 – 51.222307459863 —
– —
1.71023 – 1769706000

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