EUR/AUD – 30M – SELL

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

A descending movement down to the next support at 1.65566 will persist.

Caution: A possible counter-trend in the direction of the resistance level at 1.67194 is also possible.
Consider stop-loss settings accordingly.

Also there is a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The pair is likely to go down.

Also there is a ‘Matching Low’ candle pattern is discovered. The candles show ‘Matching Low’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

1.65802 – 1.66227 – 1.64162 – 1.65566 – 1.6449 – 1.62897 —
1.66391 – 1.66674 —
54.055141091519 – 58.341721501665 —
– —
1.65802 – 1774294200

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Matching Low – – – – – – – – –