EUR/AUD – 30M – BUY

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

The bullish trend up to the next resistance at 1.66064 is considered certain.

Caution: A possible counter-trend in the direction of the support zone at 1.65684 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

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

And also a ‘Three White Soldiers’ candle pattern is existing. The candles form ‘Three White Soldiers’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.

1.66064 – 1.66465 – 1.67501 – 1.65684 – 1.65873 – 1.66705 —
1.65885 – 1.65873 —
48.123967456506 – 50.197477136576 —
– —
1.66064 – 1772080200

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Three White Soldiers – Rising Wedge Chart Pattern – – – – – – – –