The combination Australian Dollar/US Dollar (AUD/USD) moves from the bullish trendline down.
A bearish movement downwards to the next support at 0.64486 is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 0.64656 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘%K crosses below %D’ indicator layout is detected. The indicator is ‘%K crosses below %D’. which is often a bearish signal. The currency pair is likely to fall.
Next a ‘MACD crosses below signal’ indicator layout is detected. The indicator is ‘MACD crosses below signal’. which is often a bearish signal. The currency pair is likely to fall.
Next a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which could be a negative chart signal. The currency pair could go down.
Next a ‘Northern Doji’ candle pattern is found. The chart shows ‘Northern Doji’. which is a positive pattern 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 | 0.65179 |
| 2nd High | 0.65023 |
| Next High | 0.64656 |
| Current Price | 0.64590 |
| Next Low | 0.64486 |
| 2nd Low | 0.64208 |
| 3rd Low | 0.64147 |
0.64656 – 0.64603 – 0.64571 – 0.64486 – 0.64208 – 0.6437 —
0.64632 – 0.64646 —
59.984739420292 – 58.24828884727 —
– —
0.64656 – 1763946000
Trading Signals: FOREX – AUD – AUD/USD – USD – Northern Doji – – – – – – – – –