AUD/USD – 4H – SELL

The pair Australian Dollar/US Dollar (AUD/USD) moves from the bearish trendline downwards

A continuation of the downward movement downwards to the next support line at 0.69786 is certain.

Caution: A possible counter-trend in the direction of the resistance line at 0.72002 could occur.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which is often a bearish chart signal. The currency pair could go down.

In addition a ‘Three Outside Down’ candlestick pattern is discovered. The chart shows ‘Three Outside Down’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.72002 – 0.71815 – 0.72712 – 0.69786 – 0.70196 – 0.71342 —
0.70529 – 0.70880 —
48.790350417056 – 60.998925483614 —
– —
0.72002 – 1780070400

Trading Signals: FOREX – AUD – AUD/USD – USD – Three Outside Down – – – – – – – – –