AUD/USD – 30M – SELL

In addition a ‘Symmetrical Triangle Chart Pattern’ chart pattern is detected. The formation shows ‘Symmetrical Triangle Chart Pattern’. which is a negative signal. The pair is likely to go down.

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

A continuation of the bearish trend downwards to the next support line at 0.64417 is likely expected.

Caution: A possible change in the direction of the resistance zone at 0.6467 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart signal. The currency pair could go down.

In addition a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is likely expected. Current target is 0.64571132 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support level at 0.6467 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Three Outside Down’ candlestick pattern is found. The chart forms ‘Three Outside Down’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.6467 – 0.64656 – 0.64603 – 0.64417 – 0.64486 – 0.64208 —
0.64683 – 0.64656 —
60.815436716136 – 57.54184060034 —
– —
0.64670 – 1763971200

Trading Signals: FOREX – AUD – AUD/USD – USD – Three Outside Down – Symmetrical Triangle Chart Pattern – – – – – – – –