EUR/AUD – 30M – BUY

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

A continuation of the upward movement upwards to the next resistance level at 1.62872 is certain.

Caution: A possible change in the direction of the support line at 1.62428 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The currency pair could go up.

Besides a ‘MACD crosses above signal’ indicator signal is detected. The indicator shows ‘MACD crosses above signal’. which could be a positive chart scenario. The currency pair could go up.

Besides a ‘Latter Bottom’ candle pattern is detected. The chart forms ‘Latter Bottom’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Latter Bottom’ going up is 56% (Bull Market) & 51% (Bear Market).

1.62872 – 1.62421 – 1.62548 – 1.62428 – 1.61974 – 1.6218 —
1.62605 – 1.62661 —
52.974302193733 – 51.420013720038 —
– —
1.62872 – 1778209200

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Latter Bottom – – – – – – – – –