AUD/USD – 30M – SELL

The combination Australian Dollar/US Dollar (AUD/USD) moves from the bearish trendline down.

A continuation of the downward movement downwards to the next support level at 0.69843 is certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.70728 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish signal. The currency pair is likely to fall.

Then a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The currency pair could go down.

Then a ‘Three Outside Down’ chart pattern is found. The candles show ‘Three Outside Down’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.70728 – 0.7057 – 0.71223 – 0.69843 – 0.69438 – 0.70514 —
0.70790 – 0.70730 —
60.474390353264 – 51.867281196197 —
– —
0.70728 – 1772625600

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