AUD/USD – 30M – SELL

Furthermore a ‘Double top chart pattern’ chart formation is detected. The chart picture forms ‘Double top chart pattern’. this is a bearish pattern signal. The currency pair is likely to fall.

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

A continuation of the downtrend downwards to the next support line at 0.6437 is likely expected.

Caution: A possible counter-trend in the direction of the resistance level at 0.64571 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘%K crosses below %D’ indicator signal is existing. The indicator shows ‘%K crosses below %D’. which could be a negative chart signal. The currency pair could go down.

Furthermore a ‘MACD crosses below signal’ indicator signal is existing. The indicator shows ‘MACD crosses below signal’. which could be a negative chart signal. The currency pair could go down.

Furthermore a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which could be a negative chart signal. The currency pair is likely to fall.

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Current target is 0.64358 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the support line at 0.64571 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

0.64571 – 0.65023 – 0.64909 – 0.6437 – 0.64358 – 0.64704 —
0.64513 – 0.64533 —
46.477076209375 – 50.207466657512 —
– —
0.64571 – 1763695800

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