AUD/USD – 1H – SELL

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

A descending movement down to the next support line at 0.7183 is certain.

Caution: A possible counter-trend in the direction of resistance at 0.72274 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Southern Doji’ candlestick pattern is found. The candles form ‘Southern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).

0.72274 – 0.72048 – 0.71893 – 0.7183 – 0.71012 – 0.71505 —
0.72207 – 0.72143 —
64.990301331574 – 57.230160754832 —
– —
0.72274 – 1777654800

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