AUD/USD – 30M – SELL

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

The bearish trend downwards to the next support at 0.70443 will persist.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.71478 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Southern Doji’ candle pattern is discovered. The candles show ‘Southern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).

0.7094 – 0.70823 – 0.70186 – 0.70443 – 0.69792 – 0.70155 —
0.70902 – 0.71176 —
59.5660343581 – 67.752013065674 —
– —
0.7094 – 1773729000

Trading Signals: FOREX – AUD – AUD/USD – USD – Southern Doji – – – – – – – – –