AUD/USD – 30M – SELL

The currency pair Australian Dollar/US Dollar (AUD/USD) moves from the bullish trendline downwards

A descent downwards to the next support line at 0.70443 is expected.

Caution: A possible counter-trend in the direction of resistance at 0.70823 is also possible.
Consider stop-loss settings accordingly.

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

Also there is a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which is often a bearish signal. The currency pair is likely to fall.

Also there is a ‘Three Outside Down’ candle chart pattern is discovered. The chart shows ‘Three Outside Down’. which is a negative 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’ going down is 69% (Bull Market) & 70% (Bear Market).

0.70823 – 0.70186 – 0.70623 – 0.70443 – 0.69792 – 0.70155 —
0.70808 – 0.70891 —
67.638694540977 – 62.646398407647 —
– —
0.70823 – 1773698400

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