AUD/USD – 30M – SELL

The pair Australian Dollar/US Dollar (AUD/USD) moves from the descending trendline down.

A continuation of the bearish trend downwards to the next support at 0.64704 will continue.

Caution: A possible counter-trend in the direction of the resistance level at 0.64909 should be noted.
Consider stop-loss settings accordingly.

Additionally a ‘%K fall below 80’ indicator layout is existing. The indicator shows ‘%K fall below 80’. this is usually a bearish chart scenario. The currency pair could go down.

Additionally a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which is often a bearish signal. The currency pair is likely to fall.

Additionally a ‘Southern Doji’ candle chart pattern is discovered. The candles show ‘Southern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).

0.64909 – 0.64924 – 0.65179 – 0.64704 – 0.64507 – 0.6476 —
0.64771 – 0.64773 —
47.719483423966 – 39.536313873296 —
– —
0.64909 – 1763602200

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