EUR/AUD – 30M – SELL

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

A continuation of the downward movement down to the next support line at 1.63371 will continue.

Caution: A possible change in the direction of resistance at 1.64287 is also possible.
Consider stop-loss settings accordingly.

In addition a ‘MACD-Hist Hidden Bearish Divergence’ indicator signal is existing. The indicator is ‘MACD-Hist Hidden Bearish Divergence’. In der Regel bedeutet das ein negatives chart scenario. Das Paar tendiert eventuell nach unten.

In addition a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. this is usually a bearish signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend will continue. Current target is 1.64083 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support level at 1.64287 is also possible.
Consider stop-loss settings accordingly.

In addition a ‘Two Crows’ candlestick chart pattern is existing. The chart shows ‘Two Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

1.64287 – 1.64496 – 1.64628 – 1.6414 – 1.64717 – 1.64435 —
1.64287 – 1.64114 —
34.633678628094 – 48.211135714342 —
1.64287 – 1781481600 —
– 1781481600

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Two Crows – – – – – – – – –