EUR/AUD – 1H – SELL

The combination Euro/Australian Dollar (EUR/AUD) moves from the bearish trendline downwards

A continuation of the downward movement downwards to the next support line at 1.66229 will persist.

Caution: A possible counter-trend in the direction of the resistance line at 1.68309 is also possible.
Consider stop-loss settings accordingly.

Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The currency pair could go down.

Also there is a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. this is usually a bearish chart scenario. The currency pair could go down.

Also there is a ‘Three Black Crows’ candlestick pattern is found. The chart forms ‘Three Black Crows’. 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 likelyhood of ‘Three Black Crows’ heading down is 82%.

1.68309 – 1.68542 – 1.69046 – 1.66229 – 1.66338 – 1.67103 —
1.68085 – 1.67962 —
56.748368622565 – 52.581011302251 —
– —
1.68309 – 1770998400

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Three Black Crows – – – – – – – – –