EUR/AUD – 30M – SELL

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

A continuation of the downtrend downwards to the next support at is expected.

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

Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative signal. The pair is likely to go down.

Next a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The pair is likely to go down.

Next a ‘MACD crosses below signal’ indicator signal is found. The indicator is ‘MACD crosses below signal’. which could be a negative signal. The pair is likely to go down.

Next a ‘Three Line Strike – Bearish’ candle chart pattern is detected. The chart shows ‘Three Line Strike – Bearish’. 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 likelyhood of ‘Three Line Strike – Bearish’ heading down is 84% (Bull Market).

1.65297 – 1.65579 – 1.65289 – 1.64917 – 1.64866 – 1.64962 —
1.65178 – 1.65210 —
47.400716182994 – 50.354335358289 —
– —
1.65297 – 1783029600

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Three Line Strike – Bearish – – – – – – – – –