EUR/AUD – 1H – BUY

The pair Euro/Australian Dollar (EUR/AUD) breaks through the bearish trendline up.

An ascending movement upwards to the next resistance line at 1.66158 will continue.

Caution: A possible trend reversal in the direction of the support line at 1.65377 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘StochOSC Bullish Divergence’ indicator layout is existing. The indicator shows ‘StochOSC Bullish Divergence’. In der Regel bedeutet das ein positives chart scenario. Das Paar tendiert eventuell nach oben.

There is also a ‘Three Inside Up’ candlestick chart pattern is discovered. The candles show ‘Three Inside Up’. 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 likelyhood of ‘Three Inside Up’ heading up is 65% (Bull Market) & 63% (Bear Market).

1.66158 – 1.6615 – 1.67088 – 1.65377 – 1.65003 – 1.66574 —
1.65310 – 1.65301 —
36.132991526694 – 38.551843741777 —
– —
1.66158 – 1775736000

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