EUR/AUD – 4H – BUY

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

A bullish ascent up to the next resistance line at 1.64243 is considered certain.

Caution: A possible counter-trend in the direction of the support level at 1.62891 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘MACD-Hist Bullish Divergence’ indicator layout is existing. The indicator shows ‘MACD-Hist Bullish Divergence’. Dieses ist oftmals ein bearisches signal. Die Paarung wird wahrscheinlich fallen.

Moreover a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which could be a positive signal. The pair is likely to go up.

Moreover a ‘Three White Soldiers’ candlestick chart pattern is discovered. The chart forms ‘Three White Soldiers’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.

1.64243 – 1.64182 – 1.64803 – 1.62891 – 1.63424 – 1.63942 —
1.63093 – 1.63019 —
40.451933371102 – 41.062905145403 —
– —
1.64243 – 1777492800

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