AUD/USD – 1H – SELL

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

The bearish trend down to the next support at 0.6901 is certain.

Caution: A possible trend reversal in the direction of the resistance line at 0.69404 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Two Crows’ candlestick chart pattern is existing. The candles show ‘Two Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

0.69404 – 0.69312 – 0.67468 – 0.6901 – 0.69068 – 0.68339 —
0.70110 – 0.70029 —
80.491966171181 – 68.09384638997 —
– —
0.69404 – 1769454000

Trading Signals: FOREX – AUD – AUD/USD – USD – Two Crows – – – – – – – – –