EUR/AUD – 1H – SELL

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

A continuation of the downtrend down to the next support line at 1.64288 is considered certain.

Caution: A possible change in the direction of resistance at 1.67194 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ” indicator signal is discovered. The indicator is ”. this is usually a bearish signal. The currency pair could go down.

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Additionally a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The currency pair could go down.

Additionally a ‘Two Crows’ candle chart pattern is found. The chart forms ‘Two Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

1.67194 – 1.6671 – 1.66064 – 1.65597 – 1.65648 – 1.65873 —
1.65278 – 1.64728 —
33.164969237527 – 32.532021297154 —
– —
1.67194 – 1772409600

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Two Crows – – – – – – – – –