AUD/USD – 1H – SELL

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The currency pair is likely to fall.

Moreover a ‘MACD crosses below signal’ indicator layout is existing. The indicator shows ‘MACD crosses below signal’. this is usually a bearish signal. The currency pair is likely to fall.

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Current target is 0.6483011 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of support at 0.6537 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

0.6537 – 0.6551 – 0.65377 – 0.64645 – 0.65157 – 0.65145 —
0.65091 – 0.65114 —
53.029636262368 – 53.832774677046 —
– —
0.65370 – 1763373600

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