AUD/USD – 1H – SELL

Additionally a ‘Symmetrical Triangle Chart Pattern’ chart pattern is detected. The chart shows ‘Symmetrical Triangle Chart Pattern’. which is a negative chart scenario. The currency pair is likely to fall.

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

A bearish trend down to the next support level at 0.66812 is considered certain.

Caution: A possible trend reversal in the direction of the resistance zone at 0.67038 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘MACD crosses below signal’ indicator signal is discovered. The indicator shows ‘MACD crosses below signal’. which is often a bearish chart signal. The currency pair could go down.

Additionally a ‘MACD Hidden Bearish Divergence’ indicator signal is discovered. The indicator shows ‘MACD Hidden Bearish Divergence’. which is often a bearish chart signal. The currency pair could go down.

Additionally a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. this is usually a bearish signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 0.66592 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support line at 0.67038 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Southern Doji’ chart pattern is existing. The chart forms ‘Southern Doji’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).

0.67038 – 0.67661 – 0.67389 – 0.66812 – 0.67166 – 0.66627 —
0.67038 – 0.66961 —
44.695455097536 – 38.358469492422 —
0.67038 – 1767920400 —
– 1767920400

Trading Signals: FOREX – AUD – AUD/USD – USD – Southern Doji – Symmetrical Triangle Chart Pattern – – – – – – – –