AUD/USD – 30M – SELLThe pair Australian Dollar/US Dollar (AUD/USD) moves from the ascending trendline down.
The bearish trend downwards to the next support at 0.66948 is considered certain.
Caution: A possible trend reversal in the direction of the resistance level at 0.67067 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘%K crosses below %D’ indicator signal is discovered. The indicator is ‘%K crosses below %D’. which is often a bearish chart scenario. The currency pair could go down.
Also there is a ‘Northern Doji’ candlestick chart pattern is detected. The chart forms ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.6727 |
| 2nd High | 0.67093 |
| Next High | 0.67067 |
| Current Price | 0.67032 |
| Next Low | 0.66948 |
| 2nd Low | 0.66741 |
| 3rd Low | 0.66668 |
0.67067 – 0.67093 – 0.67005 – 0.66948 – 0.66741 – 0.66668 —
0.67021 – 0.67091 —
52.473398074308 – 59.125522672956 —
– —
0.67067 – 1768545000
Trading Signals: FOREX – AUD – AUD/USD – USD – Northern Doji – Double bottom retreat down – – – – – – – –