EUR/AUD – 1H – SELL

The combination Euro/Australian Dollar (EUR/AUD) jumps from the descending trendline downwards

A continuation of the bearish trend downwards to the next support at is likely expected.

Caution: A possible change in the direction of the resistance line at 1.67541 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The pair is likely to go down.

Besides a ‘Three Black Crows’ candlestick chart pattern is detected. The candles show ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

1.67541 – 1.6802 – 1.68018 – 1.6626 – 1.66571 – 1.67121 —
1.66882 – 1.67085 —
53.882723202778 – 54.253919038496 —
– —
1.67541 – 1771560000

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Three Black Crows – Rising Wedge Chart Pattern – – – – – – – –