AUD/USD – 1H – SELL

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

A bearish descent downwards to the next support at 0.64645 is likely expected.

Caution: A possible change in the direction of the resistance line at 0.6537 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish signal. The currency pair is likely to fall.

There is also a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. this is usually a bearish signal. The currency pair could go down.

There is also a ‘Three Outside Down’ candle chart pattern is existing. The candles show ‘Three Outside Down’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.6537 – 0.6551 – 0.65377 – 0.64645 – 0.65157 – 0.65145 —
0.65046 – 0.65179 —
52.64996571917 – 60.002628363613 —
– —
0.65370 – 1763373600

Trading Signals: FOREX – AUD – AUD/USD – USD – Three Outside Down – Double top chart pattern – – – –