AUD/USD – 1H – SELL

The combination Australian Dollar/US Dollar (AUD/USD) goes from the ascending trendline down.

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

Caution: A possible counter-trend in the direction of the resistance zone at 0.67661 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The currency pair could go down.

Besides a ‘%K crosses below %D’ indicator layout is existing. The indicator shows ‘%K crosses below %D’. which is often a bearish chart scenario. The currency pair could go down.

Besides a ‘Three Outside Down’ candle chart pattern is detected. The candles show ‘Three Outside Down’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.67661 – 0.67389 – 0.67187 – 0.67166 – 0.66627 – 0.66592 —
0.67409 – 0.67333 —
52.581972012159 – 47.010178575012 —
– —
0.67661 – 1767765600

Trading Signals: FOREX – AUD – AUD/USD – USD – Three Outside Down – Symmetrical Triangle Chart Pattern – – – – – – – –