EUR/AUD – 30M – BUY

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

The bullish trend up to the next resistance level at 1.64074 is certain.

Caution: A possible change in the direction of the support line at 1.63459 is also possible.
Consider stop-loss settings accordingly.

In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart scenario. The currency pair could go up.

In addition a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The currency pair could go up.

In addition a ‘MACD crosses above signal’ indicator layout is found. The indicator is ‘MACD crosses above signal’. this is usually a bullish chart scenario. The currency pair could go up.

In addition a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which could be a positive signal. The currency pair could go up.

In addition a ‘Three White Soldiers’ chart pattern is found. The candles form ‘Three White Soldiers’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.

1.64074 – 1.64101 – 1.63781 – 1.63459 – 1.63424 – 1.6382 —
1.63947 – 1.64056 —
54.883931991044 – 54.659630021685 —
– —
1.64074 – 1777010400

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Three White Soldiers – – – – – – – – –