EUR/AUD – 1H – SELL

The pair Euro/Australian Dollar (EUR/AUD) goes from the ascending trendline downwards

A bearish descent downwards to the next support at 1.64317 will persist.

Caution: A possible trend reversal in the direction of the resistance zone at 1.66166 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Southern Doji’ candlestick pattern is existing. The chart shows ‘Southern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).

1.64898 – 1.64962 – 1.64703 – 1.64317 – 1.64314 – 1.63027 —
1.65134 – 1.65528 —
55.834925339556 – 59.98354520721 —
– —
1.64898 – 1782406800

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Southern Doji – – – – – – – – –