AUD/USD – 1H – SELL

The pair goes from the descending trendline downwards

A continuation of the bearish trend down to the next support line at 0.65120 will persist.

Caution: A possible counter-trend in the direction of the resistance line at 0.65815 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Current target is 0.6512 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the support level at 0.65815 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Three Black Crows’ candlestick pattern is detected. The chart shows ‘Three Black Crows’. pattern signal. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ 82%

Download AUD/USD Signal Image

Trading Signals: FOREX – AUD – AUD/USD – USD