AUD/USD – 30M – SELL

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

A bearish descent downwards to the next support at will continue.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.71604 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish signal. The pair is likely to go down.

Furthermore a ‘Southern Doji’ candle pattern is found. The candles show ‘Southern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).

0.71604 – 0.71871 – 0.7185 – 0.7111 – 0.71427 – 0.71122 —
0.71382 – 0.71190 —
44.397503211818 – 29.50202578538 —
– —
0.71604 – 1773289800

Trading Signals: FOREX – AUD – AUD/USD – USD – Southern Doji – – – – – – – – –