EUR/AUD – 30M – SELL

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

The bearish trend downwards to the next support line at 1.6449 is certain.

Caution: A possible trend reversal in the direction of the resistance level at 1.65137 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Southern Doji’ candlestick chart pattern is detected. The candles show ‘Southern Doji’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).

1.65137 – 1.65662 – 1.66166 – 1.65149 – 1.65493 – 1.65654 —
1.64540 – 1.64598 —
33.268358580277 – 37.475738659016 —
– —
1.65137 – 1776267000

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