Buy AUD/USD – 30M – BUY

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Current target is 0.63777896 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of support at 0.64131 could be enabled.
Consider stop-loss settings accordingly.

And also a ‘Tweezers Top’ candlestick chart pattern is detected. The candles show ‘Tweezers Top’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).

Support & Resistance Price Range*
3rd High 0.64320
2nd High 0.64174
Next High 0.64131
Current Price 0.63977
Next Low 0.63557
2nd Low 0.63434
3rd Low 0.63330

0.64131 – 0.64174 – 0.64320 – 0.63557 – 0.63780 – 0.63758

Download AUD/USD Signal Image

Trading Signals:

Forex and Crypto Live Trading Signals - MyLiveSignals