Sell AUD/USD – 1H – SELL

Moreover a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The currency pair is likely to fall.

Moreover a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which could be a negative signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.71309832 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support line at 0.72274 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Three Black Crows’ candlestick chart pattern is existing. The candles show ‘Three Black Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High
2nd High
Next High 0.72274
Current Price 0.71566
Next Low 0.71012
2nd Low 0.70769
3rd Low 0.70287

0.72274 – 0.72048 – 0.71893 – 0.7183 – 0.71012 – 0.71505 —
0.71682 – 0.71683 —
28.549573420361 – 38.121900916003 —
– —
0.72274 – 1777654800

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