AUD/USD – 30M – SELL

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

A bearish trend down to the next support line at 0.64836 is expected.

Caution: A possible change in the direction of the resistance line at 0.65798 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Three Outside Down’ candlestick pattern is detected. The chart shows ‘Three Outside Down’. this is a bearish chart scenario. 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).

0.65117 – 0.64753 – 0.64685 – 0.64836 – 0.64647 – 0.64358 —
0.65312 – 0.65394 —
75.804909869312 – 74.978940087201 —
– —
0.65117 – 1764144000

Trading Signals: FOREX – AUD – AUD/USD – USD – Three Outside Down – Inverse Head and Shoulder chart pattern – – – – – – – –