EUR/AUD – 30M – SELL

The combination Euro/Australian Dollar (EUR/AUD) jumps from the descending trendline down.

A continuation of the downtrend down to the next support level at will continue.

Caution: A possible reversal of the trend in the direction of the resistance line at 1.65297 is also possible.
Consider stop-loss settings accordingly.

Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart signal. The currency pair could go down.

Additionally a ‘StochOSC Hidden Bearish Divergence’ indicator signal is discovered. The indicator is ‘StochOSC Hidden Bearish Divergence’. this is usually a bearish chart signal. The currency pair could go down.

Additionally a ‘Three Outside Down’ candlestick chart pattern is discovered. The chart shows ‘Three Outside Down’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

1.65297 – 1.65579 – 1.65289 – 1.64917 – 1.64866 – 1.64962 —
1.65225 – 1.65254 —
44.864906229556 – 50.72746820265 —
– —
1.65297 – 1783029600

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Three Outside Down – – – – – – – – –