Sell AUD/USD – 1H – SELL

The currency pair Australian Dollar/US Dollar (AUD/USD) goes from the ascending trendline down.

A descending movement down to the next support at 0.71012 is expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.71995 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘StochRSI Bearish Divergence’ indicator signal is found. The indicator shows ‘StochRSI Bearish Divergence’. In der Regel bedeutet das ein negatives signal. Das Paar wird voraussichtlich nach unten gehen.

And also a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair could go down.

Correction of the major bullish trend broke the Fibonacci 0-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.71763012 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support line at 0.71995 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Support & Resistance Price Range*
3rd High
2nd High 0.72215
Next High 0.71995
Current Price 0.71954
Next Low 0.71012
2nd Low 0.70769
3rd Low 0.70287

0.71893 – 0.71995 – 0.71629 – 0.71012 – 0.71505 – 0.71107 —
0.72001 – 0.72025 —
72.418223687204 – 71.878827476875 —
– —
0.71893 – 1777431600

Trading Signals:

Forex and Crypto Live Trading Signals - MyLiveSignals