EUR/AUD – 30M – SELL

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

A continuation of the downtrend downwards to the next support line at 1.6735 is certain.

Caution: A possible counter-trend in the direction of the resistance level at 1.68018 is also possible.
Consider stop-loss settings accordingly.

And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The currency pair could go down.

And also a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which could be a negative chart scenario. The pair is likely to go down.

And also a ‘Three Line Strike – Bearish’ chart pattern is discovered. The candles show ‘Three Line Strike – Bearish’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Line Strike – Bearish’ going down is 84% (Bull Market).

1.68018 – 1.67706 – 1.68105 – 1.6735 – 1.67418 – 1.67181 —
1.67849 – 1.67672 —
61.608236177194 – 45.476003626922 —
– —
1.68018 – 1771306200

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Three Line Strike – Bearish – Double top retreat up – – – – – – – –