AUD/USD – 30M – SELL

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The currency pair could go down.

Besides a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which could be a negative signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 0.71643 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 0.722 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

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

0.722 – 0.72274 – 0.72048 – 0.71994 – 0.7183 – 0.71095 —
0.72095 – 0.72091 —
50.874659999648 – 50.609157114229 —
– —
0.722 – 1777856400

Trading Signals: FOREX – AUD – AUD/USD – USD – Three Outside Down – – – – – – – – –