EUR/AUD – 30M – SELL

The pair Euro/Australian Dollar (EUR/AUD) moves from the bearish trendline downwards

A continuation of the downtrend down to the next support level at 1.66574 will continue.

Caution: A possible reversal of the trend in the direction of the resistance level at 1.67088 could happen.
Consider stop-loss settings accordingly.

Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The pair is likely to go down.

Furthermore a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The pair is likely to go down.

Furthermore a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which is often a bearish chart signal. The pair is likely to go down.

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

1.67088 – 1.6703 – 1.66968 – 1.66697 – 1.66574 – 1.6666 —
1.66905 – 1.66968 —
50.695109347474 – 54.401912227383 —
– —
1.67088 – 1775536200

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Two Crows – – – – – – – – –