EUR/AUD – 30M – SELL

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

A bearish trend downwards to the next support line at 1.64435 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 1.64909 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The currency pair is likely to fall.

Additionally a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which could be a negative signal. The pair is likely to go down.

Additionally a ‘Bearish Engulfing’ candle chart pattern is found. The chart forms ‘Bearish Engulfing’. 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 probability of ‘Bearish Engulfing’ going down is 79%.

1.64909 – 1.64591 – 1.63876 – 1.64435 – 1.64083 – 1.63371 —
1.64951 – 1.64951 —
62.258976971453 – 57.126552771808 —
– —
1.64909 – 1781092800

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Bearish Engulfing – – – – – – – – –