EUR/AUD – 1H – SELL

Furthermore a ‘Symmetrical Triangle Chart Pattern’ chart pattern is detected. The chart forms ‘Symmetrical Triangle Chart Pattern’. which is a negative signal. The currency pair is likely to go down.

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

A continuation of the downtrend downwards to the next support level at 1.61282 is likely expected.

Caution: A possible change in the direction of the resistance level at 1.63101 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart signal. The pair is likely to go up.

Furthermore a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which could be a negative chart scenario. The currency pair is likely to fall.

Furthermore a ‘Two Crows’ candlestick pattern is detected. The chart shows ‘Two Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

1.63101 – 1.63499 – 1.65542 – 1.62493 – 1.62492 – 1.61282 —
1.62745 – 1.62432 —
48.398325367478 – 44.561067745838 —
– —
1.63101 – 1773727200

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Two Crows – Symmetrical Triangle Chart Pattern – – – – – – – –