AUD/USD – 1H – SELL

The combination Australian Dollar/US Dollar (AUD/USD) jumps from the bullish trendline downwards

A descent down to the next support at 0.71012 will persist.

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

Additionally a ‘StochRSI %K falls below 0.8’ indicator signal is discovered. The indicator is ‘StochRSI %K falls below 0.8’. which is often a bearish chart signal. The currency pair is likely to fall.

Additionally a ‘Three Black Crows’ chart pattern is detected. The chart forms ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

0.71893 – 0.71995 – 0.71629 – 0.71012 – 0.71505 – 0.71107 —
0.72028 – 0.72028 —
72.909227192994 – 65.552226982067 —
– —
0.71893 – 1777431600

Trading Signals: FOREX – AUD – AUD/USD – USD – Three Black Crows – – – – – – – – –