AUD/USD – 30M – SELL

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

A continuation of the downward movement downwards to the next support level at 0.70791 will continue.

Caution: A possible trend reversal in the direction of resistance at 0.71433 is within the realm of possibility.
Consider stop-loss settings accordingly.

And also a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The currency pair is likely to fall.

And also a ‘Three Black Crows’ candle chart pattern is discovered. The chart shows ‘Three Black Crows’. which is a negative chart scenario. The 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%.

0.71433 – 0.71486 – 0.71392 – 0.71052 – 0.7122 – 0.71521 —
0.71433 – 0.70816 —
61.704530638698 – 26.535501226616 —
– —
0.71433 – 1780666200

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