AUD/USD – 30M – SELL

The currency pair Australian Dollar/US Dollar (AUD/USD) goes from the bearish trendline downwards

A continuation of the downward movement downwards to the next support level at 0.64211 will persist.

Caution: A possible counter-trend in the direction of the resistance level at 0.64525 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Current target is 0.64238508 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of support at 0.64525 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Three Line Strike – Bearish’ candle chart pattern is existing. The candles show ‘Three Line Strike – Bearish’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Line Strike – Bearish’ going down is 84% (Bull Market).

Download AUD/USD Signal Image

Trading Signals: FOREX – AUD – AUD/USD – USD – Three Line Strike – Bearish