The pair Australian Dollar/US Dollar (AUD/USD) moves from the bearish trendline downwards
A continuation of the downward movement down to the next support level at is expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.6702 could happen.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The currency pair is likely to fall.
In addition a ‘Three Black Crows’ candlestick pattern is discovered. The candles show ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.67458 |
| 2nd High | 0.6727 |
| Next High | 0.6702 |
| Current Price | 0.66773 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.6702 – 0.6727 – 0.67164 – 0.66668 – 0.66727 – 0.66766 —
0.66964 – 0.66959 —
67.670292333685 – 52.956380316065 —
– —
0.67020 – 1768383000
Trading Signals: FOREX – AUD – AUD/USD – USD – Three Black Crows – – – – – – – – –