AUD/USD – 30M – SELL

There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The pair is likely to go down.

Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Current target is 0.703555 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support line at 0.70823 is within the realm of possibility.
Consider stop-loss settings accordingly.

There is also a ‘Two Crows’ chart pattern is found. The candles show ‘Two Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

0.70823 – 0.70186 – 0.70623 – 0.70443 – 0.69792 – 0.70155 —
0.70741 – 0.70687 —
64.472580604517 – 58.974193981675 —
– —
0.70823 – 1773698400

Trading Signals: FOREX – AUD – AUD/USD – USD – Two Crows – – – – – – – – –