Sell AUD/USD – 1H – SELL

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The pair is likely to go down.

Besides a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which is often a bearish chart 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 0.70333 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of support at 0.70793 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Support & Resistance Price Range*
3rd High 0.71486
2nd High 0.7088
Next High 0.70793
Current Price 0.70586
Next Low 0.70417
2nd Low 0.70207
3rd Low 0.69786

0.70793 – 0.7088 – 0.7088 – 0.70417 – 0.70639 – 0.70207 —
0.70666 – 0.70632 —
47.501565492485 – 42.504964467802 —
– —
0.70793 – 1781636400

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