Buy EUR/AUD – 30M – BUY

And also a ‘RSI Hidden Bullish Divergence’ indicator layout is discovered. The indicator shows ‘RSI Hidden Bullish Divergence’. chart scenario.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Target of the current trend is 1.64149 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 1.64297 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Three Outside Up’ candle chart pattern is discovered. The candles form ‘Three Outside Up’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

Support & Resistance Price Range*
3rd High 1.64628
2nd High 1.64496
Next High 1.64297
Current Price 1.63927
Next Low 1.63792
2nd Low 1.6367
3rd Low 1.63371

1.64297 – 1.64287 – 1.64496 – 1.63792 – 1.6367 – 1.6414 —
1.64237 – 1.63885 —
57.833637992047 – 38.427586342067 —
– —
1.64297 – 1781537400

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