AUD/USD – 30M – SELL

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

A continuation of the bearish trend downwards to the next support level at 0.65225 is likely expected.

Caution: A possible trend reversal in the direction of the resistance level at 0.65684 could occur.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which could be a negative signal. The currency pair is likely to fall.

There is also a ‘Northern Doji’ candlestick pattern is existing. The chart shows ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.65684 – 0.65546 – 0.65787 – 0.65380 – 0.65456 – 0.65485 — 39.518326368036 – 31.211124349293 — 6.8893322053564 – 5.3043840109661 – 5.2294160946919 – 4.5928881369043

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