EUR/AUD – 30M – BUY

The combination Euro/Australian Dollar (EUR/AUD) breaks through the descending trendline up.

A bullish trend up to the next resistance at 1.69206 is likely expected.

Caution: A possible change in the direction of support at 1.67963 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart scenario. The currency pair could go up.

Besides a ” indicator signal is detected. The indicator shows ”. this is usually a bullish chart scenario. The currency pair could go up.

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Besides a ‘MACD crosses above signal’ indicator signal is detected. The indicator shows ‘MACD crosses above signal’. this is usually a bullish chart scenario. The currency pair could go up.

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

Besides a ‘Three White Soldiers’ candlestick pattern is detected. The chart forms ‘Three White Soldiers’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.

1.69206 – 1.68525 – 1.68838 – 1.67963 – 1.67982 – 1.68054 —
1.68695 – 1.68698 —
50.344147872085 – 53.625549045544 —
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1.69206 – 1770235200

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Three White Soldiers – Rising Wedge Chart Pattern – – – – – – – –