AUD/USD – 1H – SELL

The pair Australian Dollar/US Dollar (AUD/USD) jumps from the bullish trendline down.

The bearish trend downwards to the next support at 0.70715 is considered certain.

Caution: A possible trend reversal in the direction of the resistance level at is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The currency pair is likely to fall.

There is also a ‘StochOSC Bearish Divergence’ indicator layout is discovered. The indicator shows ‘StochOSC Bearish Divergence’. which could be a negative chart scenario. The currency pair is likely to fall.

There is also a ‘Three Outside Down’ candle pattern is found. The candles form ‘Three Outside Down’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.71277 – 0.70901 – 0.70982 – 0.70715 – 0.70637 – 0.70641 —
0.71427 – 0.71465 —
62.691562979126 – 65.22324747153 —
– —
0.71277 – 1770789600

Trading Signals: FOREX – AUD – AUD/USD – USD – Three Outside Down – – – – – – – – –