EUR/AUD – 30M – BUY

The currency pair Euro/Australian Dollar (EUR/AUD) goes from the bearish trendline up.

An ascent up to the next resistance level at 1.65137 is likely expected.

Caution: A possible counter-trend in the direction of the support zone at 1.6449 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Northern Doji’ candlestick chart pattern is existing. The chart shows ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

1.65137 – 1.65662 – 1.66166 – 1.65149 – 1.65493 – 1.65654 —
1.64779 – 1.64520 —
31.759585372749 – 28.050594509698 —
– —
1.65137 – 1776267000

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Northern Doji – – – – – – – – –