EUR/AUD – 30M – BUY

The currency pair Euro/Australian Dollar (EUR/AUD) breaks through the ascending trendline up.

A continuation of the upward movement up to the next resistance level at 1.71465 is certain.

Caution: A possible reversal of the trend in the direction of the support level at 1.6881 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The currency pair is likely to rise.

In addition a ‘Bearish SBS White Lines’ candle pattern is detected. The candles form ‘Bearish SBS White Lines’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).

1.69842 – 1.69447 – 1.69206 – 1.6881 – 1.68418 – 1.67963 —
1.69999 – 1.69942 —
69.011965745734 – 51.494322997838 —
– —
1.69842 – 1770312600

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Bearish SBS White Lines – – – – – – – – –