AUD/USD – 30M – SELL

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

A continuation of the bearish trend down to the next support line at 0.70629 is certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.70719 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The pair is likely to go down.

Besides a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The pair is likely to go down.

Besides a ‘StochOSC Hidden Bearish Divergence’ indicator layout is found. The indicator shows ‘StochOSC Hidden Bearish Divergence’. this is usually a bearish chart scenario. The pair is likely to go down.

Besides a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which is often a bearish signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.70492652 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support line at 0.70719 could happen.
Please make appropriate stop-loss settings in the case of a trade.

0.70719 – 0.70793 – 0.70783 – 0.70629 – 0.70417 – 0.70639 —
0.70610 – 0.70643 —
35.094724024559 – 49.986328700253 —
– —
0.70719 – 1781668800

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