AUD/USD – 30M – SELL

The currency pair Australian Dollar/US Dollar (AUD/USD) moves from the ascending trendline downwards

A descent down to the next support line at 0.64836 is likely expected.

Caution: A possible change in the direction of resistance at 0.65117 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘%K crosses below %D’ indicator signal is existing. The indicator shows ‘%K crosses below %D’. this is usually a bearish chart signal. The currency pair could go down.

Furthermore a ‘Tweezers Top’ candlestick pattern is detected. The candles show ‘Tweezers Top’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).

0.65117 – 0.64753 – 0.64685 – 0.64836 – 0.64647 – 0.64358 —
0.64929 – 0.65157 —
51.564834541848 – 67.043678618634 —
0.64836 – 1764167400 —
0.65117 – 1764144000

Trading Signals: FOREX – AUD – AUD/USD – USD – Tweezers Top – – – – – – – – –