EUR/AUD – 4H – SELL

The currency pair Euro/Australian Dollar (EUR/AUD) goes from the descending trendline down.

A continuation of the downward movement down to the next support level at 1.67613 will persist.

Caution: A possible trend reversal in the direction of the resistance line at 1.71465 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which could be a negative chart signal. The pair is likely to go down.

Additionally a ‘Three Black Crows’ candlestick chart pattern is found. The chart shows ‘Three Black Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

1.71465 – 1.72337 – 1.74663 – 1.67613 – 1.68932 – 1.70989 —
1.69447 – 1.69636 —
48.057030309157 – 46.135188595454 —
– —
1.71465 – 1770019200

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Three Black Crows – Double top retreat up – – – – – – – –