EUR/AUD – 1H – SELL

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

Besides a ‘Bearish Engulfing’ candle pattern is existing. The chart shows ‘Bearish Engulfing’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ going down is 79%.

1.68838 – 1.71465 – 1.71023 – 1.67963 – 1.67613 – 1.69413 —
1.68630 – 1.68695 —
53.823146687901 – 52.794091310345 —
– —
1.68838 – 1770138000

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Bearish Engulfing – Inverse Head and Shoulder chart pattern – – – – – – – –