AUD/USD – 30M – SELL

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

A continuation of the bearish trend down to the next support at 0.64147 is likely expected.

Caution: A possible counter-trend in the direction of the resistance zone at 0.65007 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Three Black Crows’ candlestick chart pattern is detected. The candles show ‘Three Black Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

0.65007 – 0.64297 – 0.64319 – 0.64147 – 0.64149 – 0.64142 — 69.440432308329 – 67.957808531921 — 5.9353649766271 – 2.3350413520316 – 11.003267186019 – 5.784789644013

Trading Signals: FOREX – AUD – AUD/USD – USD – Three Black Crows – Double top retreat up – –