Sell EUR/AUD – 4H – SELL

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The currency pair could go down.

Also there is a ‘Matching Low’ candlestick pattern is discovered. The candles show ‘Matching Low’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ going up is 61% (Bull & Bear Market).

Support & Resistance Price Range*
3rd High 1.67194
2nd High 1.6595
Next High 1.63499
Current Price 1.62833
Next Low
2nd Low
3rd Low

1.63499 – 1.6595 – 1.67194 – 1.61282 – 1.64241 – 1.6425 —
1.62600 – 1.63172 —
38.980550905429 – 54.999600939812 —
– —
1.63499 – 1773432000

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