The pair Australian Dollar/US Dollar (AUD/USD) moves from the bullish trendline down.
A descent downwards to the next support line at 0.67114 will persist.
Caution: A possible counter-trend in the direction of resistance at 0.67389 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘MACD crosses below signal’ indicator signal is discovered. The indicator is ‘MACD crosses below signal’. which could be a negative chart scenario. The currency pair could go down.
Additionally a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which could be a negative chart scenario. The currency pair could go down.
Additionally a ‘Two Crows’ candle pattern is found. The candles form ‘Two Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.67389 |
| Current Price | 0.67342 |
| Next Low | 0.67114 |
| 2nd Low | 0.67027 |
| 3rd Low | 0.66627 |
0.67389 – 0.67187 – 0.66975 – 0.67114 – 0.67027 – 0.66627 —
0.67353 – 0.67392 —
57.404294166968 – 64.613813144224 —
– —
0.67389 – 1767688200
Trading Signals: FOREX – AUD – AUD/USD – USD – Two Crows – – – – – – – – –