AUD/USD – 4H – SELL

The currency pair Australian Dollar/US Dollar (AUD/USD) jumps from the bearish trendline down.

A continuation of the downward movement downwards to the next support at 0.64582 is certain.

Caution: A possible change in the direction of resistance at 0.65798 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘%K crosses below %D’ indicator signal is existing. The indicator shows ‘%K crosses below %D’. which could be a negative chart signal. The currency pair is likely to fall.

Moreover a ‘Three Black Crows’ chart pattern is discovered. The chart shows ‘Three Black Crows’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

0.65798 – 0.65182 – 0.66172 – 0.64582 – 0.65323 – 0.65767 —
0.64909 – 0.64571 —
40.215538945096 – 35.464251119425 —
– —
0.65798 – 1763020800

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