Sell AUD/USD – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.71569 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of support at 0.71944 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Three Black Crows’ candlestick pattern is existing. The candles show ‘Three Black Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.72215
2nd High 0.71995
Next High 0.71944
Current Price 0.71762
Next Low 0.7157
2nd Low 0.71271
3rd Low 0.71255

0.71944 – 0.71995 – 0.71356 – 0.7157 – 0.71271 – 0.71255 —
0.71912 – 0.71859 —
46.562019742092 – 47.368642943458 —
– —
0.71944 – 1777345200

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