AUD/USD – 1H – SELL

The combination Australian Dollar/US Dollar (AUD/USD) moves from the bullish trendline down.

A bearish trend down to the next support at is considered certain.

Caution: A possible change in the direction of the resistance level at 0.65899 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The currency pair could go down.

And also a ‘Tweezers Top’ candle chart pattern is found. The chart shows ‘Tweezers Top’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).

0.65899 – 0.65636 – 0.65190 – 0.65614 – 0.65534 – 0.65225

Trading Signals: FOREX – AUD – AUD/USD – USD – Tweezers Top – Double top chart pattern