Sell AUD/USD – 30M – SELL

Additionally a ‘Symmetrical Triangle Chart Pattern’ chart layout is detected. The chart forms ‘Symmetrical Triangle Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to fall.

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

A descending movement downwards to the next support level at 0.64821 will persist.

Caution: A possible counter-trend in the direction of resistance at 0.65179 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Northern Doji’ candlestick chart pattern is discovered. The candles show ‘Northern Doji’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.65972
2nd High 0.65798
Next High 0.65179
Current Price 0.64905
Next Low 0.64821
2nd Low 0.64645
3rd Low 0.64629

0.65179 – 0.65798 – 0.655 – 0.64821 – 0.64645 – 0.64816 —
0.65081 – 0.64989 —
51.583138556265 – 38.354907287062 —
– —
0.65179 – 1763501400

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