AUD/USD – 30M – SELL

The pair Australian Dollar/US Dollar (AUD/USD) goes from the bullish trendline downwards

A bearish descent downwards to the next support line at will persist.

Caution: A possible counter-trend in the direction of the resistance level at 0.64934 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The pair is likely to go down.

Additionally a ‘Three Black Crows’ candlestick pattern is existing. The chart forms ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

Additionally a ‘Double top chart pattern’ chart layout is existing. The chart picture forms ‘Double top chart pattern’. this is a bearish chart scenario. The currency pair is likely to fall.

0.64934 – 0.64695 – 0.64268 – 0.64425 – 0.64339 – 0.64381

Download AUD/USD Signal Image

Trading Signals: FOREX – AUD – AUD/USD – USD – Three Black Crows