EUR/AUD – 4H – SELL

The pair Euro/Australian Dollar (EUR/AUD) goes from the bearish trendline downwards

A continuation of the bearish trend down to the next support level at 1.64241 is considered certain.

Caution: A possible change in the direction of the resistance level at 1.6595 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘StochRSI %K falls below 0.8’ indicator signal is existing. The indicator is ‘StochRSI %K falls below 0.8’. this is usually a bearish chart scenario. The currency pair could go down.

Also there is a ‘Three Black Crows’ candle pattern is found. The candles form ‘Three Black Crows’. which is a negative 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’ going down is 82%.

1.6595 – 1.67194 – 1.67501 – 1.64241 – 1.6425 – 1.6626 —
1.65377 – 1.65059 —
50.973042825903 – 43.22424018567 —
– —
1.6595 – 1772740800

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