AUD/USD – 30M – SELL

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

A continuation of the downtrend downwards to the next support level at is certain.

Caution: A possible trend reversal in the direction of resistance at 0.69294 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart signal. The pair is likely to go down.

In addition a ‘Bearish Engulfing’ chart pattern is detected. The chart shows ‘Bearish Engulfing’. 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 ‘Bearish Engulfing’ heading down is 79%.

0.69294 – 0.6904 – 0.69168 – 0.68823 – 0.68649 – 0.6877 —
0.68931 – 0.68972 —
44.275685931313 – 46.81343179773 —
– —
0.69294 – 1782842400

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