EUR/AUD – 30M – BUY

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The currency pair is likely to rise.

Besides a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Target of the current trend is 1.69539 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 1.68838 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Three Outside Up’ candle pattern is detected. The candles show ‘Three Outside Up’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

1.68525 – 1.68838 – 1.71465 – 1.67982 – 1.68054 – 1.67613 —
1.68366 – 1.68600 —
44.701964151078 – 53.876337914294 —
– —
1.68525 – 1770181200

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Three Outside Up – Double top chart pattern – – – – – – – –