AUD/USD – 1H – SELL

Besides a ‘Symmetrical Triangle Chart Pattern’ chart formation is discovered. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to go down.

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

A continuation of the bearish trend downwards to the next support line at 0.66948 is likely expected.

Caution: A possible counter-trend in the direction of the resistance level at 0.67093 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘%K crosses below %D’ indicator signal is existing. The indicator is ‘%K crosses below %D’. this is usually a bearish signal. The currency pair is likely to fall.

0.67093 – 0.6702 – 0.6727 – 0.66948 – 0.66668 – 0.66726 —
0.67050 – 0.67091 —
59.651850400959 – 60.245335122587 —
– —
0.67093 – 1768500000

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