AUD/USD – 30M – SELL

The combination Australian Dollar/US Dollar (AUD/USD) moves from the ascending trendline downwards

A descent down to the next support line at 0 is likely expected.

Caution: A possible trend reversal in the direction of the resistance line at 0 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘MACD crosses below signal’ indicator layout is discovered. The indicator shows ‘MACD crosses below signal’. which is often a bearish signal. The currency pair is likely to fall.

0.65394 – 0.65117 – 0.64753 – 0.65211 – 0.64836 – 0.64647 —
0.65276 – 0.65313 —
49.931138589987 – 56.624196920702 —
– —
0.65394 – 1764226800

Trading Signals: FOREX – AUD – AUD/USD – USD – – Rising Wedge Chart Pattern – – – – – – – –