EUR/AUD – 30M – BUY

The combination Euro/Australian Dollar (EUR/AUD) breaks through the bearish trendline upwards

An ascending movement upwards to the next resistance at 1.70628 will persist.

Caution: A possible reversal of the trend in the direction of the support level at 1.68418 could occur.
Consider stop-loss settings accordingly.

Also there is a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. this is usually a bullish chart scenario. The pair is likely to go up.

Also there is a ‘Three White Soldiers’ candle pattern is discovered. The candles form ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.

1.70628 – 1.69842 – 1.69447 – 1.6881 – 1.68418 – 1.67963 —
1.68457 – 1.68288 —
34.485687520384 – 33.712285933137 —
– —
1.70628 – 1770343200

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Three White Soldiers – – – – – – – – –