AUD/USD – 30M – SELL

Moreover a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The pair is likely to go down.

Moreover a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which is often a bearish chart scenario. The currency pair is likely to fall.

Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.70047 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the support line at 0.70623 should be noted.
Consider stop-loss settings accordingly.

Moreover a ‘Three Outside Down’ candle chart pattern is detected. The chart shows ‘Three Outside Down’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.70623 – 0.70701 – 0.70778 – 0.70047 – 0.70339 – 0.70341 —
0.70354 – 0.70252 —
42.041528421086 – 40.177197266549 —
– —
0.70623 – 1781020800

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