EUR/AUD – 30M – SELL

The combination Euro/Australian Dollar (EUR/AUD) jumps from the bullish trendline downwards

A descending movement down to the next support line at 1.6449 will persist.

Caution: A possible change in the direction of resistance at 1.66227 could happen.
Consider stop-loss settings accordingly.

Also there is a ‘MACD crosses below signal’ indicator layout is found. The indicator shows ‘MACD crosses below signal’. which is often a bearish chart signal. The pair is likely to go down.

Also there is a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which is often a bearish signal. The currency pair could go down.

Also there is a ‘Three Black Crows’ candle chart pattern is discovered. The chart forms ‘Three Black Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

1.65802 – 1.66227 – 1.64162 – 1.6449 – 1.62897 – 1.62571 —
1.66316 – 1.66423 —
62.443992725934 – 62.179222882459 —
– —
1.65802 – 1774294200

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