AUD/USD – 30M – SELLThe currency pair moves from the bearish trendline down.
A continuation of the bearish trend down to the next support at is certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.66099 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
The chart formed a ‘Three White Soldiers’ candlestick pattern, which means 3 higher candles in a row.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.66611 |
| 2nd High | 0.66465 |
| Next High | 0.66099 |
| Current Price | 0.65646 |
| Next Low | |
| 2nd Low | |
| 3rd Low |