EUR/AUD – 1H – SELL

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

A continuation of the downward movement downwards to the next support level at 1.62897 is likely expected.

Caution: A possible counter-trend in the direction of the resistance level at 1.64182 should be noted.
Consider stop-loss settings accordingly.

And also a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which is often a bearish chart scenario. The pair is likely to go down.

And also a ‘Three Black Crows’ candle pattern is detected. The chart shows ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

1.64182 – 1.64101 – 1.63868 – 1.63459 – 1.63424 – 1.63851 —
1.63643 – 1.63419 —
39.830908713629 – 32.621015153304 —
– —
1.64182 – 1777046400

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Three Black Crows – – – – – – – – –