EUR/AUD – 1H – BUY

The pair Euro/Australian Dollar (EUR/AUD) goes from the ascending trendline upwards

A continuation of the uptrend up to the next resistance level at 1.68052 is considered certain.

Caution: A possible trend reversal in the direction of the support level at 1.66973 should be noted.
Consider stop-loss settings accordingly.

Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The currency pair could go up.

Next a ‘MACD crosses above signal’ indicator signal is detected. The indicator is ‘MACD crosses above signal’. which is often a bullish signal. The currency pair could go up.

Next a ‘RSI Bullish Divergence’ indicator signal is detected. The indicator is ‘RSI Bullish Divergence’. which is often a bullish signal. The currency pair could go up.

Next a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which is often a bullish chart signal. The currency pair is likely to rise.

Next a ‘Three Outside Up’ chart pattern is existing. The candles show ‘Three Outside Up’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

1.68052 – 1.67781 – 1.66751 – 1.66973 – 1.66892 – 1.66105 —
1.67572 – 1.67264 —
56.866843572845 – 39.825951201961 —
– —
1.68052 – 1774839600

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Three Outside Up – – – – – – – – –